TAP’s losses in the first quarter of the year were 71.9 million euros, worse than the same period last year but an improvement on the pre-pandemic period, the airline said.
In a statement, TAP explained that from January to March, net profit recorded a negative value of 71.9 million euros, down 14.5 million compared to the first quarter of 2023.
However, the company notes that compared to the first quarter of 2019 (before the pandemic), the net result improved by 34.7 million euros.
The carrier recalls that the first quarter is “traditionally the year with the worst financial performance,” emphasizing that in the period from January to March this year it was able to improve operating performance, continue to grow revenues and achieve “robust operating results.”
Author: Lusa
Source: CM Jornal
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