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Air France-KLM and Lufthansa asked to improve bids for airline serving 14 African destinations

Summary by Business Insider
Air France-KLM and Lufthansa have been asked to improve their bids for a major interest in TAP Air Portugal, intensifying the contest for an airline operating approximately 80 weekly flights to Africa.

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TAP Air Portugal lost 59.3 million euros in the second quarter of 2026, the victim of the fuel price boom. To stop the hemorrhage, the Portuguese government launched simultaneous negotiations with Air France-KLM and Lufthansa...

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Both companies submitted their binding offers on July 29 to buy a share of 44.5% of the airline.

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Business Insider broke the news in New York, United States on Sunday, September 6, 2026.
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