Airline

TAP posts impressive profit

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TAP posts impressive profit

TAP Air Portugal says a record number of passengers helped it post a €3.1 million ($4.12 million) profit for the last year despite a 37% increase in fuel costs. The flag-carrier said it carried 9.8 million passengers in 2011, a 7.3% increase on the 2010. Total revenue rose 4.2% to €2.3 billion, ...

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