Agência para o Investimento e Comércio Externo de Portugal


The Minister of Infrastructure has said that TAP is “too important” for the country to let it “collapse”, after being questioned about a possible lack of agreement between shareholders and the option for nationalisation of the company.

“TAP is too important for the country to let it collapse,” said Minister of Infrastructure and Housing, Pedro Nuno Santos, after being questioned by PSD Deputy Cristóvão Norte about news published in newspaper Expresso, which says that TAP it will be nationalised due to a lack of agreement between the State and private shareholders.

Before that, the government minister waived the initial intervention in the Economy, Innovation, Public Works and Housing commission.

“When we are talking about TAP we have to realise that we cannot be limited to the result of TAP as a company, because we are talking about an airline that is one of the largest national carriers. [...] Almost 90 percent of our tourists arrive by air, half arrive via TAP. [...] It is an instrument of national development and of job promotion”, he added.