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12-Apr-2010 2:53 PM

TAP Portugal reports 11% decline in revenue, back in the black in 2009

TAP Portugal reports (09-Apr-2010) the following financial highlights for the 12 months ended 31-Dec-2009:

  • Operating revenue: EUR1,923 million, -11% year-on-year;
  • Operating profit: EUR65 million, compared to a loss of EUR156 million in the previous corresponding period;
  • Net profit: EUR57 million, compared to a loss of EUR209 million in the previous corresponding period;
  • Passenger numbers: 8.4 million, -3.4%. [more]