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Portugal Extends TAP Privatisation Process Until End of 2026

Summary by Aviation24.be
Portugal has extended the TAP privatisation process until 31 December 2026, allowing the government to hold a final three-week negotiation phase with Air France-KLM and Lufthansa. Both groups submitted binding offers in July for a 44.9% stake in TAP. The government considers their overall valuations sufficiently close to justify asking both bidders for improved and […]

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Pursuant to Council of Ministers Resolution No 176-A/2026 of 4 September, the Executive decided to extend [...] the duration of the direct reference sale process until 31 December 2026, in order to allow the conclusion of the negotiation stage and the submission of final and improved binding proposals, [...] as well as the preparation of the report [...], the selection of the proposal and the approval of the minutes of the contractual instrument…

·Lisboa, Portugal
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(Teleborsa) - The time is longer for the sale up to 49.9% of Tap Air Portugal. The Portuguese government has decided to deepen its talks with Air France-Klm and Lufthansa who have submitted their offers....

The government extended until the end of the year the privatization of TAP, allowing new negotiations with Air France-KLM and Lufthansa. See this and other news on the TV RECORD website.

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Correio da Manhã broke the news on Sunday, September 6, 2026.
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