TAP posted profits of 65.6 million euros in 2022, which compares with losses of 1.6 billion euros in 2021. The company closed the last quarter of the year with profits of 156.4 million euros, according to com in a statement. released this morning. The company still led by Christine Ourmières-Widener says that this performance was driven by “the strong operating results, the positive effect of the implemented currency hedging policy, the restructuring measures implemented in the Group and the recognition of deferred taxes related to tax losses. .
The 2022 accounts mark the early end of the Executive Chairman’s term. Christine Ourmières-Widener was not allowed to give a press conference on the results, in the midst of a resignation process promoted by the State after the audit of the General Inspectorate of Finance on the agreement to leave Alexandra Reis.
The Government, first Pedro Nuno Santos and then his successor João Galamba, had already anticipated that TAP’s results last year exceeded the targets set in the restructuring plan. A merit recognized to the team of the current CEO, despite the dismissal.
Source: Observadora
