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TAAG lost 155 million dollars in revenue in half a year

In half a year, TAAG lost 155 million dollars in ordinary income. The information was revealed by Rui Carreira, CEO of the company, in the 'Especial Informação' program, which was broadcast last Thursday by TPA.

: ZborDirect
ZborDirect  

He explained that as soon as the state of emergency was declared due to the covid-19 pandemic, the operational situation of the flagship company began to worsen and argued that the gradual resumption of airport activity in the country is essential to get around the financial problems.

"The halt generates countless losses," he said, stating that with the opening of national airspace, TAAG is performing about 10 flights a week, 235 fewer flights than it did in the same period last year.

The negative impact on the company's accounts has already led it to adopt eight rectifying budgets, he advanced, announcing that the airline is committed to renegotiate and pay its debts.

Cited by Jornal de Angola, he indicated that the forecasts for the coming years are not encouraging and pointed out the year 2024 as the year that could return economic stability to the flagship airline.

TAAG, the National Institute of Civil Aviation (INAVIC), the National Air Navigation Company (ENNA) and the Airport Management Company (SGA) consider that the air sector is experiencing a new reality, admitting that the daily costs of the stoppage are still to be determined.

However, they consider that this stoppage will have a great impact on the sector, assuming that the gradual recovery of operations will be the most viable solution.

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