Home Headline Portugal: TAP strike will cost company €48M

Portugal: TAP strike will cost company €48M


TAP Air Portugal announced on Thursday that the cabin crew strike,  scheduled to take place between 25 and 31 January, will lead to the cancellation of 1,316 flights and cost it €48 million, according to a statement.

“With this new stoppage 1,316 flights will be cancelled and 156,000 passengers affected, which represents an estimated total direct cost of €48 million (€29.3 million in lost revenues and €18.7 million in compensation to passengers),” TAP noted.

The carrier also predicts “losses of an additional €20 million due to the potential impact on sales for other days and the sub-optimisation of other flights, with passengers being re-accommodated”.

The members of the National Civil Aviation Flight Staff Union (SNPVAC) rejected TAP’s proposal at a general meeting today and decided to maintain the strike notice between 25 and 31 January, according to an official source.

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