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Ecuador’s Tame Airlines optimizes management to guarantee better services

14 de Noviembre de 2017 - 14:10
EMCO E.P chairman Edisson Garzón and president of the Board of Directors at Tame E.P, Ignacio Vallejo, annouced new strategies for the company.
Micaela Ayala V./Andes

Tame Airlines will also offer more competitive prices and prioritize domestic routes with the aim of boosting demand and occupancy.

Quito, Nov 14 (Andes).-  Tame E.P, Ecuador’s only airline, is under a process of resource optimization with the purpose of improving service and profitability.

One of the first actions the company will take will be selling real estate including five of their own planes and stop using three airplanes it used to rent. It also involves the optimization of organizational structure of human talent with a retirement process and people voluntarily leaving the company. 80 people from a total of 1.400 employees will leave until November 30.

Tame Airlines will also offer more competitive prices and prioritize domestic routes with the aim of boosting demand and occupancy.

The transformation of Tame Airlines began with a new business plan. In September it completed 85% of flight scheduling and 89% in October. Additionally, flights increased by 27% and the number of seats by 63%.

“We have taken our company to significant standards in a very short period of time. We’ve strengthened destinations like Loja, Santa Rosa, Salinas, Esmeraldas and Lago Agrio, where we are the only Company operating because others are not interested since these are not profitable. It’s our obligation to make them profitable or at least keeping a balance between income and spending,” said Ignacio Vallejo, president of the Board of Directors at Tame E.P.

As part of the renovation, Edisson Garzon, president of the Coordinating Company of Public Enterprises (EMCO for its acronym in Spanish) explained that they will work on a new model to improve the business focusing on three aspects: financial, human talent, entrepreneurial, social and communicational.

“We want to use this model for all public companies where business criteria will always prevail to benefit all citizens. Let’s recall that public companies are from the public and for the public,” said Garzon.

He added that the company will work on process efficiency to reduce costs and optimize resources. “It’s our responsibility to maximize profitability and minimize every risk,” he said.

Tame’s debt to national and foreign providers, the Ministry of Finance and Petroecuador (oil) amounts to 194 million dollars. Similarly, the State owes the company 8 million dollars for presidential flights and deployment of staff from ministers. It expects to recover the amount by December 15.

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