Economy
TAP Closes Brazilian Maintenance Business | Aviation
This Wednesday, TAP announced the closure of TAP Maintenance and Engineering Brasil (TAP ME, formerly VEM). In a statement, the group did not specify a date for the closure of the company, citing only the fact that maintenance services for the already concluded aircraft contracts “will be carried out as usual,” and after their completion they will be closed.
Respectively com TAP, this measure “does not interfere with the air transport of passengers” between Portugal and Brazil, a country that is the main source of external income. “Brazil accounts for between 25% and 30% of the company’s revenues, which continues to expand its offerings in this market with a presence in 11 capitals and anticipating an expansion of weekly flights,” TAP said in a statement. The communique says nothing about the impact of the decision on workers. and group accounts.
In an interview with Lusa, TAP executive president Christine Urmier-Wiedener said it was “not an easy decision.” “We try to do everything so that this decision and its implementation are accepted with respect for our employees, their engineering experience and all their loyalty to the company,” said the manager. TAP ME currently employs 500 people, according to Christine Urmier-Wiedener, of which just under 400 are active. This Wednesday, negotiations with trade unions begin.
The decision, according to TAP, is part of a business plan approved by the European Commission, which leads to the sale of assets. “We tried to sell, but the industry is going through a massive crisis,” said executive president Luce, adding that there were some attempts to sell the maintenance business in Brazil in the past year, “but they were unsuccessful.”
In an interview with PUBLIKpublished on December 24, the manager said on the sale of assets (Cateringpor and Groundforce, in addition to TAP ME) that some are “easier to sell than others due to the current situation in the sector.” “THEN timing for some assets this is important, selling during a crisis is also not good and I would like some assets to improve. One of the companies is located in Brazil, and this is a completely different market with different rules. We are not adhering to a specific schedule or how it will be done, ”he said.
Lots of damage and investigation
In 2020, following a historic loss of $ 1,230.3 million, TAP SA’s maintenance business in Brazil was responsible for the second worst result groups with losses of 31.3 million (14.7 million in 2019).
The business in Brazil is characterized by constant losses, in recent years the company has invested in its restructuring, which led to the layoff of a significant part of the workers – in 2018 alone, 1,000 jobs were cut. In its report and statements, the group has already stated that it is analyzing “options for sale, restructuring or discontinuance.” [fecho]”This subsidiary, which TAP entered in 2005 in partnership with Geocapital, receiving 100% capital in two years.
Purchase of the former VEM became the subject of an investigation… As PÚBLICO reported last November, the formerTAP Executive President Fernando Pinto, saw the case in which it arrived be an admitted defendant, as well as five other managers – Luis Ribeiro Vas, Fernando Alves Sobral, Michael Conolli, Luis da Gama Mor and another manager who later died due to suspicions of mismanagement and the fact that profited from business illegally…
The case, initiated on an anonymous complaint at the end of 2010 and investigated by the Central Directorate for Tracing and Criminal Prosecution (VDUR) with the support of the judicial police, concerned the purchase of the former VEM and the process of its restructuring after the acquisition, awarding of prizes for 2007, creation and buyout in early 2008 of the year to Groundforce (after the sale of 50.1% to Globalia).
On the “acquisition, control and maintenance of the work” of the former VEM and “crimes related to harmful administration, trading in influence, money laundering, passive corruption, active corruption and economic participation in business”, a statement justified in accordance with the order, “since the prosecutor’s office it has not been possible to collect sufficient evidence of relevant practice. ” The case fell into the restructuring of the former VEM, “headed / controlled by the defendants” due to “insufficient evidence of the practice of harmful administrative crimes.”
Between 2007 and 2015 alone, TAP transferred 471 million euros to “meet the financial needs of VEM”. In 2008, the group posted a loss of € 320 million, including the takeover of Groundforce.
The key point in this process is that, as the MP stressed and the PUBLIC reported, “in this investigation, it was only possible to determine the amount that TAP SGPS spent on VEM, and it was impossible to determine – even by approximation – the economic and financial value that the latter contributed to the first through the aforementioned business expansion to Brazil, whether we are talking about air transport or maintenance. “
This made it difficult “to determine the possible damage that VEM caused TAP SHES, as well as, if there is damage, its size.” Thus, the deputy concluded, it was not possible to collect “sufficient evidence of the presence and extent of (possible) harm caused by the behavior of the defendants.”
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Economy
Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners
OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.
“The Centodieci combines all the values of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.
This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.
This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.
Recall that each unit costs the owners eight million euros before taxes.
Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.
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Economy
The first Dacia hybrid. “The cheapest hybrid family on the market”
BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.
The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.
The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”
Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.
Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.
Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.
Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…
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Economy
See how Tesla tests its electric Semi truck in the worst-case scenarios
Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.
Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.
Tesla Semi is already on the market
Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.
To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.
Tests to prove its durability
It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.
This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.
high quality electric truck
Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.
Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.
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