The company said that, in that period, "total operating costs amounted to €760.5 million", a "decrease of €313.1 million (-29.2 percent)" when compared to the first half of 2020, "largely explained by the material reduction in the following items: fuel costs (-40.4 percent), traffic operating costs (-43.7 percent), personnel costs (-8.6 percent) and depreciation and amortization (-20 .8 percent)”.

"This reduction is the result of the restructuring measures carried out by the company, namely the reduction in the workforce - since 31 December, 2020 a total of 1,302 employees have left the company, which represents a reduction of 16 percent in the workforce - , and the negotiation of agreements with the unions through which salary revisions were defined”, reads the same statement.

In the first half of this year, TAP reduced its losses to €493.1 million, a recovery of 15.3 percent, or €88 million, compared to the negative results of €582 million in the same period of the previous year.