Air France-KLM Bid for TAP Portugal: Expansion Plans
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3 Articles
Portugal To Privatize National Airline TAP, Sell 44.9% Stake: Two Airline Groups Bid
In the summer of 2025, the government of Portugal relaunched a project to privatize national carrier TAP Air Portugal, with the goal of selling a large stake within a year or so. All too often, not much comes of this, though it seems like this is moving along. Two major airline groups have just submitted bids to invest in TAP, so this should get interesting. TAP Air Portugal privatization effort underway Portugal’s government has relaunched an e…
Air France–KLM and Lufthansa submit non-binding offers for TAP Air Portugal
The long-anticipated privatisation process of TAP Air Portugal (TAP) has entered a decisive phase, as two of Europe’s largest airline groups—Air France–KLM and Lufthansa Group—have formally submitted non-binding offers for the Portuguese flag carrier. The development marks a significant step in the restructuring of Europe’s aviation landscape, with TAP positioned as a strategically valuable asset due to its transatlantic network and Lisbon hub. …
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