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TAP Portugal reports second consecutive year of record results in 2010

11-Mar-2011 12:46 PM

TAP Portugal confirmed the following financial highlights for the 12 months ended 31-Dec-2010:

  • Revenue: EUR2221 million, +15.8% year-on-year;
    • Cargo: EUR112 million, +31%;
    • Maintenance and engineering: EUR123.7 million, +28%;
  • Costs:
    • Fuel: EUR523 million, +45%;
  • Profit: EUR62.3 million, +8.7%;
  • Passenger numbers: 9.1 million, +7.7%;
  • Load factor: 74.5%, +6 ppts;
  • Cargo volume: 94,200 tonnes, +24%. [more]