TAP Portugal Profitable For Third Straight Year Despite Rising Fuel Costs

TAP Portugal managed to eke out a €3.1 million ($4.1 million) net profit in 2011 despite a 37% increase in fuel costs. TAP’s operating result was down 60%, however, as a result of the cost hike and came in at €41.1 million. Having posted its third consecutive annual profit since 2009 is particularly...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.