Portugal's troubled airline TAP will face a massive consolidation, cutting staff and routes if the ongoing 10 day strike by air crew hamper the carriers planned privatisation the Prime Minister Pedro Passos Coelho said yesterday.
Pilots at the Portuguese airline commenced their strike action on 1st May, which the airline claims has reduced scheduled flights by over 30 per cent.
The strike comes just before a May 15 deadline for bids to buy a majority stake in what is now a wholly state-owned company. The government has said it will go ahead with the privatisation despite the strike.