TAP Air Portugal Privatization Advances: Air France-KLM and Lufthansa in Running for 44.9% Stake
Portugal's government is advancing the privatization of TAP Air Portugal, inviting binding offers from Air France-KLM and Lufthansa Group for a 44.9% stake. This move follows stalled efforts and aims to improve profitability through strategic synergies
Affects 5 airline programs (Air France-KLM, IAG, Lufthansa...).