TAP Air Portugal Breaks Records with Impressive 2024 Growth

TAP Air Portugal achieved outstanding financial growth in 2024. The airline earned €53.7 million in net income and generated a record €4.2 billion in revenue. This success proves TAP Air Portugal’s strong position in European aviation.

Furthermore, the airline optimized its operations to boost profitability. Its recurring EBITDA climbed to €875.3 million, showing steady progress. At the same time, TAP Air Portugal carried 16.1 million passengers, marking a 1.6% increase. Although flight operations dropped slightly, the airline remained strong.

In addition, the airline strengthened its financial position. By the end of 2024, TAP Air Portugal held €651.6 million in liquidity. Moreover, a €343 million capital boost in early 2025 further improved stability. As a result, debt management improved, lowering the debt-to-EBITDA ratio to 2.2x.

Not only did the airline achieve financial success, but it also improved customer service. It focused on punctuality and service quality, which led to higher satisfaction. As a result, the airline’s Net Promoter Score rose, showing greater customer trust. These efforts prove TAP Air Portugal’s dedication to reliability.

Meanwhile, the airline’s 2024 success marked its third straight year of positive results. Its focus on financial discipline and customer experience has fueled steady growth. Looking ahead, TAP Air Portugal aims to build on these achievements in 2025 by expanding services and improving operations.

Thanks to a solid financial base and a strong customer focus, TAP Air Portugal is ready for the future. The airline remains committed to efficiency and expansion, ensuring continued success in the competitive aviation industry.

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