Portuguese airline TAP's third quarter profit soars 62% to record high
Tuesday, 24 October 2023 Portugal's national airline TAP reported a 62% increase in net profit for the third quarter, reaching a record of €180.5 million ($192 million). The airline also achieved a record profit of €203.5 million for the first nine months of the year, compared to a loss of €90.8 million in the same period last year. TAP's operating revenue grew by 12.5% to €1.26 billion, surpassing pre-pandemic levels. The government plans to sell a minimum of 51% of TAP, with IAG, Lufthansa, and Air France-KLM expressing interest.
United Airlines, Changes Its Boarding Process.
'The Independent' reports that United Airlines
is making a huge change to how it boards
passengers in an attempt to speed up the process.
'The..
Credit: Wibbitz Top Stories Duration: 01:31Published
Delta Sees $1.11 Billion Profit , Ahead of Strong Holiday Bookings.
ABC reports that Delta Air Lines
gained $1.11 billion in profits as summer
travelers packed planes in the third quarter. .
On..
Credit: Wibbitz Top Stories Duration: 01:30Published
Tuesday, 24 October 2023
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