The contract signed by TAP President Fernando Pinto in 2007 for the purchasing of 12 Airbus A350 could be rejected by the new shareholders of the company.
The proposal of Neeleman and Pedrosa includes a statement where it assumes the "sale or transfer" of the TAP´s slot for these aircraft.
The new shareholders want to promote a "change of the A350 for A330", and to have some cash input selling the A350 slots reserved as well as getting back all the capital invested by TAP with the contract signature.
First A350 deliveries for TAP´s order of 12 are scheduled in the first quarter of 2017.
TAP was the 4th company and the 2nd in Europe, soon after Finnair signing for A350s. This position is relevant for the new shareholders.
Based on the article “Neeleman e Pedrosa admitem vender lugar da TAP na compra dos A350” published in Dinheiro Vivo.