TAP Posts $122.6M Loss in Q1 2025 on Falling Revenue
TAP, the national airline of Portugal, reported a net loss of $122.6 million for the first quarter of 2025, underlining persistent financial challenges despite an improving global aviation environment. The carrier’s operating revenue fell 4.5% year-over-year, totaling $933.6 million, suggesting a drop in travel demand or yield compression on its primary routes.
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