Air Transport World

TAP Air Portugal. (Europe report).(Reports net loss of $42.1 mn for first quarter ended March 31st)(International Pages)(Brief Article)(Statistical Data Included)

TAP Air Portugal reported a net loss of [euro]45.5 million ($42.1 million) for the first quarter ended March 31 compared to a loss of [euro]63.3 million last year. Operating revenues increased 1.2% to [euro]254.7 million and operating expenses decreased 1.4% to [euro]287.7 million. The result was an operating loss of [euro]33 million, improved from an operating loss of [euro]40. …

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