TAP Air Portugal with 53.7 million net income in 2024
Source: TAP Positive net income for the third consecutive year. Result impacted by extraordinary labor provisions and foreign exchange losses. Operating revenues exceed €4.2 billion, a new all-time high. Stable operating results, EBITDA margin of 21% and EBIT margin of 9%. The airline carried 16.1 million passengers TAP Air Portugal achieved a net income of EUR 53.7 million in 2024, having been positive for the third consecutive year. This result was mainly impacted by extraordinary labor provisions and exchange rate losses. Compared to 2019, the last year before the pandemic, the results register an increase of EUR 149.4 million. In 2024, operating revenues totaled a new all-time high of EUR 4,242.4 million, an increase of 0.7% compared to 2023 and [...]