Airline

Portuguese airline TAP posts quarterly loss

By Dino D'Amore Jun 02, 2021 1 mins read

Portuguese airline TAP posts quarterly loss

TAP has posted a first quarter loss of €365.1m due to the impact of the Covid-19 pandemic on global travel and the depreciation of the euro against the US dollar. "The coronavirus pandemic continued to delay the demand recovery, with an increase in cases and new travel restrictions during the firs...

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