In a statement, the national airline highlights that it had a profit of 72.2 million euros in the second quarter of 2024 and that this positive net result allowed it to close the first six months of the year with a profit of 400 thousand euros.

However, when compared to the same period in 2023, profits for the first six months of the year are 98.3% below the 22.9 million euros in net profits achieved between January and June 2023.

The same analysis of the quarterly results shows that, despite the positive results, TAP suffered a 10.1% drop between the 80.3 million euros achieved in the second quarter of 2023 and the 72.2 million euros in the second quarter of 2024.