TAP Portugal posts $47 million profit for 2013

Credit: By Rob Finlayson
TAP Portugal has reported full-year 2013 net income of €34 million ($46.8 million), more than doubling the carrier’s €15.9 million profit reported for 2012. The results reflected a fifth consecutive year of profitability for the Lisbon-based airline. In 2013, TAP decreased its total debt from €791...

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