It may turn out that a deal that took the industry by surprise when it was announced in late 2023 could be the first to take a concrete consolidation step.
The positive results are not a one-off, TAP's new CEO Luis Rodrigues said, adding that the carrier has seen eight quarters in a row with positive EBITA figures.
As it posted a big increase in quarterly profit, Air France-KLM reported that capacity across its airlines reached 92% of 2019 levels in the second quarter.