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Tap Portugal's profit down

Lisbon, Portugal - The carrier reported an EUR 8,6 m in 2004

Portugal flag carrier, Tap Portugal, announced that its net profit was EUR 8,6m in 2004, a sum which is significantly inferior to Tap 2003 profit related to EUR 19,7m and to the carrier forecast for 2004 which expected to post EUR 15,8m profit. Tap said that at the origin of its disappointment lead to its not reached expectations there is in primis high fuel cost: the airline claimed it spent EUR 72m...

AVIONEWS - World Aeronautical Press Agency - 117353
Rome, Italy, 03/30/2005 14:16
AVIONEWS - World Aeronautical Press Agency

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