SNPVAC accuses SATA CEO of diversionary maneuverPhoto by William Warby on Pexels
Business
Транспорт
Açores

SNPVAC accuses SATA CEO of diversionary maneuver

Açoriano Oriental1 September 2026 at 11:08

The National Union of Civil Aviation Flight Personnel (SNPVAC) accused the president of SATA's Board of Directors of promoting a diversionary maneuver, showing his astonishment that it had not been possible to negotiate salary adjustments with the representative unions of flight personnel. SNPVAC reacted this way to the statements of SATA's leader in an interview with RTP and Antena 1 Açores. The union considers that the posture of the Azorean airline does not correspond to the truth of the facts, suggesting that the company seeks to divert attention from its own responsibilities in the situation. The accusation comes at a time of tension between SATA and the representative unions of flight workers, with deep divergences about salary and labor conditions. The central issue concerns salary agreements previously concluded with the consortium that bid for SATA's privatization tender, agreements that were apparently ignored or renegotiated unilaterally by the company.

Related articles

Dívida pública cai 7,6 milhões de euros em julho
Business

Portuguese public debt falls by 7.6 million euros in July

Portuguese public debt, in Maastricht terms, decreased by approximately 7,550 million euros in July, standing at 286,340 million euros, according to the latest data released by the Bank of Portugal.

SIC Notícias01/09/26, 12:17
Veados podem ser abatidos após destruição de castanheiros em aldeia de Bragança
Business

Deer can be culled after destruction of chestnut trees in village in Bragança

The communal lands commission of Cova de Lua, a village in the municipality of Bragança, demanded accountability from the Institute for Nature Conservation and Forests after deer destroyed chestnut trees, seriously harming chestnut producers in the region. The losses affected local economic activity, prompting calls for intervention and compensation.

SIC Notícias01/09/26, 12:09
Business

Howden Re arrives in Portugal and names Filipe Duarte to lead operation and wants to advise catastrophe fund

Howden Re, the global reinsurance and strategic consulting area of the Howden Group, announced the appointment of Filipe Duarte as Head of Howden Re Portugal, marking the company's first physical presence in the country and the beginning of an investment strategy in the Portuguese market. With more than 16 years of experience in the insurance sector, Filipe Duarte transitions from Aon Reinsurance, where he led reinsurance consulting for insurers, and will be based in Lisbon with plans to strengthen the local team in the coming months. The entry into Portugal comes in a year marked by storms such as Kristin, which highlighted the need for more sophisticated catastrophe models, and the company intends to advise the future Portuguese Natural Catastrophes Pool, leveraging the experience gained with the Spanish Consortium de Compensación de Seguros.

Jornal Económico01/09/26, 11:59
Business

NVIDIA Increases Its Profits by 106% and Faces New Challenges: AI Financing

NVIDIA reported exceptional results in the second fiscal quarter of 2027, with revenues of $96.221 billion, representing a 106% increase year-over-year, and GAAP net income of $59.688 billion. The Data Center division accounted for $89 billion, or 92.5% of the total, highlighting the company's transition from a chip manufacturer to a diversified ecosystem centered on computational infrastructure. The gross margin reached 75%, with adjusted earnings per share of $2.22. The company projects $108 billion in revenues for the next quarter, but faces significant challenges related to high production costs, memory dependency, growing competition from companies like Google and Amazon, trade restrictions in China, and questions about AI infrastructure financing, where the debate over "circular financing" raises concerns about margin sustainability and demand viability.

Notícias Portugal01/09/26, 11:58