Analysis: As TAP sale looms, Portugal hopes new CEO will clear the air

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Analysis: As TAP sale looms, Portugal hopes new CEO will clear the air
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Fresh from turning round Portuguese airline SATA, Luis Rodrigues now has to do it again - and more - after he was picked by the government to lead troubled flagship carrier TAP as it readies for privatization

But Rodrigues will need to reassure investors that TAP has turned a corner after a series of scandals, and mend fences with unions, which are demanding a reversal of the 20% pay cuts that remain after the airline nearly went bust in the pandemic.

"He is the right person to lead TAP as his core leadership skills are being a good listener and a focussed doer. It is what TAP needs," said Daniel Traca, professor and ex-dean at Nova School of Business & Economics, who in 2014 convinced Rodrigues to lead its Executive Education area. Ricardo Penarroias, head of cabin crew union SNPVAC, said workers welcomed his appointment at TAP but he must act quickly ahead a busy summer.

Union leader Faria Lopes said that was justified when COVID-19 restrictions crushed the industry, but with demand now surging, "TAP is cancelling flights due to a lack of available pilots and crews".Faria Lopes said previous management did not adequately prepare for the summer, with at least 50 pilots still required to guarantee normal operations.

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