The projections included in the restructuring plan, in a work version that Dinheiro Vivo had access to, indicate that the renegotiation with more than a thousand suppliers and optimizations will allow savings between 200 and 225 million euros per year
Despite the encouragement that the introduction of a vaccine against covid-19 is generating in several economic areas, the truth is that in civil aviation, immunization will take time to arrive. And for TAP too. The revenue forecasts included in the restructuring plan – in a work version that Dinheiro Vivo had access to – will be well below the levels of the last few years.
In fact, it will be necessary to go back in time, several years, to find the levels expected for the next year. Last year, the airline’s revenues amounted to 3.3 billion euros, this year it sank and in 2021-2022 TAP is expected to have revenues between 1.3 billion euros and two billion euros . Values that the carrier recorded in 2006-2007, when it had 6,850 workers.
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