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Oil price crisis: also TAP cuts flights and personnel
Lisbon, Portugal - A 102 million Euro loss until May
The high oil price continues to make a corner in airlines in difficulties. This is the time of TAP, Portuguese airline, that has decided to cut flights and personnel, the local press reported. The carrier has recorded a 102 million Euro loss until May, and if some measures will not be adopted, the positive result - equal to 32 million in 2007 - could turn into 150 million Euro.
AVIONEWS - World Aeronautical Press Agency - 1091725
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency