These losses of over a €100 million compare negatively with the €64.6 million in lost in the same period in 2014.
“We had been warning of the importance of privatisation and the need for fresh capital because of the difficult challenges that are reflected in these earnings”, he said at the inauguration of a new operational control centre at Lisbon airport.
TAP’s liabilities went up 12 percent and passed the €2.1 billion barrier in June, compared with just under €1.9 billion 6 months earlier.
The sale of 61 percent of TAP’s capital to the Atlantic Gateway consortium owned by Humberto Pedrosa and David Neeleman, still depends on approval by the Portuguese national civil aviation authority (ANAC in the original Portuguese).