The impact of technology on the future of work, competitiveness, and worker value will be discussed at the 'Business as Unusual' conference. The event is scheduled for October 20 at the NOVA SBE campus in Carcavelos.
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Following the announcement of the sale of a portion of TAP's capital to Lufthansa, the PSD party believes it can secure parliamentary support from the PS or Chega to proceed with the total privatization of the airline.
Lufthansa CEO Carsten Spohr stated that three Portuguese aviation unions (SITAVA, SIPLA, and a TAP pilot representative group) have expressed openness to the proposed integration of TAP into the Lufthansa group. The airline group aims to expand its international presence to mitigate high labor and infrastructure costs in Germany, while the Portuguese government has reaffirmed that existing labor agreements and rights will be respected.
The government confirmed the sale of 49.9% of TAP Air Portugal to the Lufthansa Group, a deal the Minister of the Presidency calls an extraordinary operation. The government expects to recover the 3 billion euros injected into the airline and aims for a full privatization of the company by 2028.