TAP's loss increased to 99.2 million euros in the first half of 2026, worsening significantly compared to the losses of around 70 million euros recorded in the same period of the previous year.
The Portuguese air carrier faces this negative result in a semester marked by the sharp increase in fuel costs, which weighed significantly on the company's financial results.
Despite the negative net result, TAP managed to increase its revenues during this period, demonstrating growth in commercial activity.
The airline reached a new passenger record, which shows that operational growth was not sufficient to offset the impact of increased operating costs, particularly those related to fuel.
