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Tap Recorded Damage of 70.7 Million in the First Half

Summary by Observador
Work of EUR 37.5 million in the second quarter did not come to compensate for the losses in the beginning of the year. A loss of EUR 70.7 million still reflects losses of the dollar.

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Work of EUR 37.5 million in the second quarter did not come to compensate for the losses in the beginning of the year. A loss of EUR 70.7 million still reflects losses of the dollar.

·Portugal
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TAP Air Portugal, in which the government plans to privatize 49.9% of the capital, announced on Thursday that it had made a profit of 37.5 million euros (around 35 million francs) in the second quarter, a drop of 42.5% year-on-year.

MADRID, 28 (EUROPA PRESS) The Portuguese airline TAP closed the first half of 2025 with net losses of 70.7 million euros, which means that it will worsen by 45.9 million compared to the same period of the previous year, when it recorded a negative result of 24.8 million, according to the company.The operating revenues are [...] The entry TAP Air Portugal loses 70.7 million in the first semester and reduces revenues by 1% until 2 billion appears …

Despite the positive result of the second quarter, when it achieved a net profit of 37.5 million euros - almost 28 million less than in the same period of 2024-, the Portuguese airline TAP has closed the semester in red numbers. Specifically, it has recorded losses of 70.7 million euros until June, 45.9 million less than in the same period of the previous year, according to the air carrier, which has just resumed its privatization process this T…

Change losses, particularly due to the devaluation of the dollar, have penalised the accounts of the Portuguese airline, which reported losses of 70.7 million in the first half of this year.

·Portugal
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Loss of the first half compared with a profit of EUR 400 billion as per ear of 2024, while the profit of the second quarter shows an improvement in the first three months of the year.

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Jornal Expresso broke the news in Portugal on Thursday, August 28, 2025.
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