TAP Air Portugal earns €117.8 million in the third quarter
Source: TAP Accumulated positive net income of 118.2 million in the first nine months of 2024. Operating revenues for the third quarter grow 2 percent compared to the same period of 2023, to 1,284 million euros. In the first nine months of the year, operating revenues increased by 2.8 percent compared to the same period last year, to a total of 3,253 million euros. Maintenance revenues stand out, which grew 40% in the first nine months of 2024. Recurring EBITDA of EUR 744.8 million and recurring EBIT of EUR 377.8 million in September 2024, with margins of 23% and 12%. Third Quarter 2024 Results In the third quarter of 2024 (3Q24), TAP achieved a net profit of EUR 117.8 million, [...]