"We are working with the Ministry of Finance on TAAG's recapitalization and complementary restructuring plan, ensuring that the airline now has the resources to be able to carry out this entire restructuring process with greater stability", said Abreu, without advancing. numbers.
The minister, who was answering the question about the constant demands of the employees of the Angolan state carrier, also expressed confidence that the plan will soon be considered by the Council of Ministers.
"Soon this same document will be appreciated at the executive level and if approved it will be implemented, which will allow for a slightly more stable restructuring process, but which is necessary to restructure, it is necessary", he stressed.
Speaking at the 8th edition of Café CIPRA (Press Center of the Presidency of the Republic of Angola), in Luanda, the official considered that there are indicators that clearly demonstrate the need to restructure TAAG, in terms of processes, technology and with “truly professionals committed to the airline”.
“And not some people who eventually could, or could, take advantage of the company for their individual benefits”, he shot.
He also defended, in his speech, the need to understand the universe of issues surrounding the Angolan airline, especially as it is the “largest employer in the public business sector”.
“And we need to understand the universe of issues that are within a company with this volume of workers and that have several implications”, he argued.
According to the official, TAAG had, in the last 44 years, 20 different management bodies, "and probably there should not be an Angolan company in which this has occurred", so, he noted, this factor "should not be ignored".
“We have to have a structured, serene and calm approach and without our emotions on the surface to explain such an important and strategic issue within the aviation ecosystem”, he pointed out.
The minister also recalled that TAAG, a company that in the "emotional and a fundamental brand" of the "patriotic sense", remained firm in the time of the covid-19 pandemic and did not lay off staff as happened in other companies.
The state-owned company, he added, had losses borne by the State accumulated over the last two or three years, due to the pandemic, of more than US$600 million.
Regarding TAAG's net results in 2022, he did not advance numbers, but said that they record a loss much lower than those recorded in 2019, in the pre-pandemic period.
“TAAG numbers will be published shortly after the audit that is underway, TAAG is performing almost equivalently from an operational point of view to the 2019 numbers”, concluded Ricardo de Abreu.
“Balance and Challenges of the Transport Sector” was the theme of the 8th edition of Café CIPRA, which brought together journalists, operators, sector associations and other stakeholders.
