TAP Air Portugal post record profit, ITA Airways cuts losses

Luc Joris

March 28, 2024

TAP Air Portugal has had a bumper year with a record profit of 177.3 million euros /TAP

TAP Air Portugal posted a record profit of 177.3 million euros in 2023, up by just under 112 million euros compared to 2022. TAP carried 15.9 million passengers in 2023, up 15.2%, but still lower than before the 2019 health crisis. Meanwhile, Italy's ITA Airways reduced its loss to 5 million euro
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