TAP Full-Year Results Nearly Reach 2025 Target, Three Years Early

TAP Air Portugal A330-900neo
Credit: Markus Mainka / Alamy Stock Photo
TAP Portugal, which has been embroiled in management controversy over recent weeks, has swung from a €1.6 billion ($1.7 billion) full-year net loss to a €65.6 million net profit for 2022—beating its restructuring targets by three years. “TAP delivered in 2022, the first year of the restructuring...

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