TAP Air Portugal reported an 8.7% year-on-year increase in profit to EUR62.3 million on the back of a 15.8% growth in revenue to EUR2200 million in 2010 (Boston Globe/Bloomberg, 03-Mar-2011). Details include:
- Revenue: EUR2200 million, +15.8% year-on-year;
- Profit: EUR62.3 million, +8.7%;
- Passenger numbers: 9.0 million, +7.1%;
- 2011 forecast:
- Passenger numbers: 9.5 million, +5.6%.