Despite the slowdown in growth of air cargo worldwide from June 2011 until the end of the year, TAP Cargo managed to beat its record high in annual revenue, reaching for the fist time the barrier of 130 million Euros.

This increased revenue, four percent higher than the value obtained in 2010, is still associated with a six percent reduction in costs related with the activity of cargo, in line with the costs reduction projects of the Company.


Lisbon, 23 January 2012