TAAG widens net losses in 1H as fuel subsidy drops

Credit: Rob Finlayson
TAAG Angola Airlines posted a net loss of $12 million for the first half of 2017, substantially widened from the year-ago figure of $0.5 million. However, the airline said the increased deficit was because of a reduced fuel subsidy from the Angolan government and that operational results were...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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