TAP Portugal A340-300. Photo: By Rob Finlayson. TAP Portugal said it achieved “the best result ever in the history of the company,” reporting a net profit of €62.3 million ($86 million) for 2010, up from income of €59 million reported in 2009 (ATW Daily News April 7, 2010). It noted the positive performance was achieved despite a 45% hike in fuel costs, the Icelandic volcano ash cloud crisis, strikes by French and Spanish air traffic controllers, and floods in ...

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