Brazilian government “available to help” in the agreement between TAP and Azul, Portuguese Executive talks but does not want to interfere
The Minister of Ports and Airports of Brazil, Sílvio Costa Filho, met on Thursday with the Minister of Infrastructure, in a meeting, who reported the Expresswhere he addressed issues such as greater use of the port of Sines for Brazilian exports to Europe, the maintenance of TAP routes in Brazil post-privatization and the dispute between Azul and the Portuguese carrier regarding the bond loan of 90 million euros (plus interest of 70 million so far) whose company founded by David Neeleman wants to have an early repayment.
Costa Filho said, in an interview with the Lusa agency, that the Brazilian Government is “available to help” in the negotiations for an agreement on the dispute between TAP and Azul regarding the anticipation of the loan that matures in 2026 – a proposal that The Portuguese carrier responded with a counter-offer stating that it would accept a refund sooner as long as it was for a lower amount than that intended by the Brazilian counterpart.
The Portuguese Government knows what Expressalso available for dialogue, chooses to appear more distant, because he does not want to interfere in the management of TAP, and remembering that the case is still in court.
