Of the 1300 employees of the Azorean airline, there are workers who will not see their contracts renewed and about 70 people between 60 and 65 going into retirement will not be replaced in the company.
The company guarantees that there will be redundancies.
The data were provided by President Sata, Louis Parreirão in an interview with Mad Money, News Journal.
According to the manager, 2020, the order is to cut 12.5 percent in fixed costs.
In the summer Iata, which starts at the end of March, Sata will provide 370,000 seats between the Azores and the Continent, fifty thousand promotional rates.
In a scenario of arrival of the low cost to the Azores lcompanhias, Louis Parreirão ensures that the volume of sales is above the worst expectations.
two liberalized routes, linking the mainland to Ponta Delgada and Terceira, last year accounted for 35% of the SATA revenue.
In the interview, the president of SATA asked about the possibility of a recapitalization of the company, says the Regional Government Plan provides for this possibility, but Luis Parreirão alert for very violent measures associated with them.
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