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Portugal Kicks Off Plan to Sell 49.9% Stake in Flag Carrier TAP

Summary by Bloomberg
Portugal plans to sell a 49.9% stake in TAP SA, its latest attempt to privatize Europe’s largest wholly state-owned airline.

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Lean Left

Portugal has resumed the long-delayed privatization of its flag carrier TAP. The government plans to sell a 49.9 percent stake, including a 5 percent stake offered to employees, Prime Minister Luís Montenegro said.

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Lean Right

The Portuguese state airline TAP should have long been partially privatised - among other things Lufthansa had good chances. But political turbulence stopped the process. Now the new government is taking a run. Whether Lufthansa is still on the move is open.

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Here you will find information on the topic "Airline". Read now "Portugal launches TAP privatisation".

·Germany
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wz.dewz.de
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Center

Portugal's Prime Minister Luís Montenegro is looking for major investors for the state airline TAP. He makes an important announcement, which will interest Lufthansa, among other things.

Lean Left

After years of crisis, Portugal's government plans to sell the airline TAP. Its assets are connections to Brazil and the tourism boom. A German airline was already considered a favorite for the takeover in the past.

·Germany
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Lean Right

The Portuguese government has decided to restart the long-delayed privatization of national carrier TAP, with the aim of selling a 49.9 percent stake in its own capital, including a five percent stake that will be offered to employees, Portuguese Prime Minister Luiz Montenegro said today.

·Belgrade, Serbia
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aerotime.aero broke the news in on Thursday, July 10, 2025.
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