TAP admits to lower airline ticket prices again if passenger demand falls.

The scenario is advanced by the president of TAP's executive committee, Christine Ourmières-Widener, who says that since March the carrier has made "three waves of fare increases" on different routes. In an interview to Eco and quoted by the newspaper de Negócios, the manager advances that "from now on, the value of the tariffs will depend on demand. If demand decreases, prices will go down.

The manager also predicts that the company will be able to achieve profits before 2025, when the restructuring plan ends, through a reduction in debt that amounts to a total of 700 million euros and through "good efficiency and planning better." "[If] you have the right network, try not to be too creative about which destinations to open...If you do that with discipline and rigor, you can improve the operating result," he says.

In addition, Christine Ourmières-Widener says, in the interview with Eco, that the carrier wants to reduce exposure to the devaluation of the euro against the dollar, taking into account that two thirds of the company's debt is in this currency unit. Therefore, TAP wants to change leasing contracts for the purchase of aircraft or engines to euros.

About the recourse to ACMI to operate during the summer (contracts with other companies for the lease of aircraft including aircraft, personnel, maintenance and insurance) that the unions classify as bad management, Christine Ourmières-Widener refuses the idea of "bad planning", stressing that this was the solution to the delay in the delivery of six aircraft. "We were perhaps too optimistic about the delivery schedule of the aircraft," the manager points out.

At a time when the company is already preparing for the winter and summer of 2023, Christine Ourmières-Widener, is optimistic and reveals the level of bookings at the end of this year "is above 2019," especially at Christmas time, when there is a spike in demand.