Date in Portugal
Clock Icon
Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

TAP’s profit falls 70% to around 54 million in 2024

Image credit: Noticias ao Minuto

In a statement, the airline highlighted its positive results for the third consecutive year, noting that compared to 2019, the last year before the pandemic, there was an increase of 149.4 million euros.

TAP’s CEO, Luís Rodrigues, noted in the same statement that these results “were achieved in a very challenging year, marked by significant increases in competition” in the airline’s main markets, “severe currency devaluations, operational challenges, notably in air traffic control and adverse weather events, and structural constraints such as aircraft limits.”

Leave a Reply

Here you can search for anything you want

Everything that is hot also happens in our social networks