TAP Tempers Optimism With Longer-Term Caution

TAP Air Portugal Airbus A330-300
Credit: Kurt Hofmann
Portuguese flag-carrier TAP anticipates a strong full-year result, following its highest-ever third quarter (Q3) revenues. “TAP is confirming its strong performance in third quarter with all financial metrics above pre-crisis level, despite further increased fuel costs,” TAP CEO Christine Ourmières...

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