The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Transportation / Storage 51 - Air transport 51.1 - Passenger air transport 51.10 - Passenger air transport
120 jobs Number of planned job creations
Announcement Date
22 March 2016
Employment effect (start)
27 March 2016
Foreseen end date
1 December 2016
Description
White Airways will operate a Porto-Lisbon flight from the end of March 2016. The company will open a new base in the northern airport and will employ 120 people.
In 2015, White Airways generated 61% of its revenues outside the European market and 38% in intra-EU market. White Airways operates at the service of TAP (Air Portugal) and it will connect the two cities with 18 daily flights in total.
Eurofound (2016), White Airways, Business expansion in Portugal, factsheet number 86870, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86870.