Airline

TAP Portugal reports net loss of €112 million for H1

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TAP Portugal reports net loss of €112 million for H1

Trouble carrier TAP Portugal has posted a net loss of €112 million for the first half of 2012 – this is a 14.6% fall in performance compared to the same period last year. Revenue was up by 9.3% to €1.08 billion but industrial action and high fuel prices took its toll on the airline’s bottom ...

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