TAAG Angola Airlines records profit of $800,000 in 2022

TAAG Angola Airlines, the flag carrier of Angola recorded a net profit of $800,000 for the fiscal year 2022 with a 30% Year-on-Year (Y-O-Y) increase. The airline reported an operating revenue of $390 million almost double the amount from the previous year. The airline’s cargo operations posted an operating revenue of $67 million. Lisa Mota-Pinto McNally, CCO, TAAG Angola said: “The main factor is an increase in passenger occupancy per available seat kilometer (ASK) by over 80%. TAAG is growing by an astonishing rate of 226% in comparison to 2021. As a result, its passenger occupancy is now 51% of