TAP achieves a positive net income in the first half of 2023

TAP Air Portugal achieved a positive net profit of €22.9 million in the first half of the year. This is the first time the company has recorded positive results in the first six months of a year since half-year results were published (2019). The net income of €22.9 million in the first half of the year represents an improvement of €225 million compared to the same six-month period last year, when €202.1 million loss was recorded. TAP attributes this “good result” on the strong growth in operating revenues, which totalled €1.9 billion, with a significant increase of €600 million (+44.3%)