In Europe, the largest growth was on the routes of Switzerland, with 14,000 more passengers, the United Kingdom (over 13,000), Italy (over 12,000), Germany (over 12,000) and Madeira (over 9,000).
TAP carried 1.6 million passengers in September, up 10.5% year-on-year to almost 13 million in the nine months of the year, the equivalent of a 7.2% increase, the company announced.
In a statement to the Portuguese Securities Market Commission (CMVM), TAP notes that “these figures confirm the consolidation of the recovery that TAP has experienced since the second quarter.”
In the first half of this year, TAP Group’s losses increased to 119.7 million euros, compared to the negative 90 million euros in the same period last year, affected by the Brazilian market and the increase in personnel costs.
In September, TAP carried more than 1.6 million passengers, an increase of 155 thousand over the same month last year, which represents a growth of 10.5%.
From 2019, from January to September, the company carried almost 13 million passengers – 12.9 million -, an increase of 868 thousand, or 7.2%, compared to the same period of 2018, he says.
In the same note, the company, which is 50% owned by the state, points out that “September was the first month in the year in which the Brazilian market had higher revenues than last year.”
According to TAP, the first half result of this year was “mainly impacted by the 43.1 million euros drop in Brazilian ticket revenues and the 35.3 million euros (+ 10.6%) increase in personnel costs. year-on-year) as a result of new hires and salary reviews negotiated in 2018 ”.
After the presentation of the first half results, the president of Parpública, Miguel Cruz, told Lusa that the state holding company is “following with great concern” the results of its subsidiary TAP, although it recognizes business seasonality and difficult context. of the sector.
On the intercontinental routes, the largest absolute growth occurred on the United States routes, with 30 thousand passengers more than in September last year, Brazil (9,620 passengers), Cape Verde (5,508), Angola (3 more thousand) and Canada (plus 2,135).