Minister Pedro Nuno Santos had already said this on several occasions and this Wednesday the management of the company confirmed it. TAP will not return the 3.2 billion euros in state aid lent to the company as part of the restructuring plan approved by Brussels in 2021.
Asked by Dinheiro Vivo about when and how the amount ceded by the State would be returned, the company’s financial director clarified that this scenario is not provided for in the model of the restructuring plan signed between TAP and the European Commission. .
“Our restructuring plan goes through capital injections, it’s not a debt,” answered Gonçalo Pires during the press conference presenting TAP’s quarterly results this morning.
The official also confirmed that the latest state aid will arrive by December, in the form of a check for 990 million euros, as planned and defined in the 2022 state budget.
“TAP has been paying the Portuguese since the first day it was rescued. In passengers, in exports, in the purchases it makes, in the support it gives to the country’s tourism,” replied Pedro Nuno Santos during the interview. a debate on the privatization of the company. .