The End of the Restructuring Leaves the Company "Fully Prepared" for Privatization, Says Pinto Luz.

Observador

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The airline announced that the plan agreed with the European Commission in 2021 was officially completed, and in this edition farmers affected by the storms will receive 30ME from Brussels.

Sapo

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The Minister of Infrastructure and Housing stated today that TAP is “fully prepared” for privatization, after the company completed the restructuring plan agreed with the European Commission. “With the sale of these subsidiaries and the payment to the State, TAP fulfills the requirements defined for the completion of the restructuring process and is fully prepared for its partial privatization,” said Miguel Pinto Luz, in response to Lusa. TAP an…

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The company claims to have fulfilled all its commitments to the European Commission and has returned around EUR 25 million to the State in the context of restructuring aid.

Correio da Manhã

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Company the rea says that "value j has been returned".

Jornal de Negócios

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The TAP is free from the ties defined by Brussels in 2021 and can now fly to the hands of a new shareholder, albeit a minority. The CEO stresses that the company's "process of transformation" will continue.