Tap Air Portugal reports record profit

In the 2023 financial year, the airline Tap Air Portugal recorded a profit of 117,3 million euros. This means an increase of 117,7 million euros compared to the previous period - a new record.

Operating income in 2023 reached the highest level in the group's history, exceeding the 4 billion euro mark. They achieved a value of 4,2 billion euros and increased by 2022 million euros (+730 percent) compared to 20,9. In 2023, TAP recorded a recurring EBITDA of 871,6 million euros with a margin of 21 percent and a recurring EBIT of 385,8 million euros with a margin of 9 percent in terms of financial and commercial metrics.