In 2024, the Portuguese airline obtained a net profit of €53.7 million.

Last year, “TAP Air Portugal recorded a positive net profit of €4.1 million. The recurring net profit would have been €46 million if we excluded the impact of the update of corporate income tax rates,” reads the statement released by the company.

In turn, operating revenues totalled €4,313 million, an increase of 1.2% compared to 2024, driven by passenger revenue (+0.8%) and the maintenance business (+10.7%).