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Government has already received Parpública's report on Air France and Lufthansa proposals for purchasing TAPPhoto by Franco Monsalvo on Pexels
Business

Government has already received Parpública's report on Air France and Lufthansa proposals for purchasing TAP

CNN Portugal1 September 2026 at 18:03

The Portuguese government has already received Parpública's report regarding the proposals submitted by Air France and Lufthansa to purchase part of TAP. This document comes as part of the privatization process of the Portuguese airline.

The two competitors in the privatization race are Lufthansa and Air France/KLM, each having submitted their respective offers and terms in this report. Both companies are competing to acquire a significant stake in the Portuguese airline.

According to the article, the two airline companies can acquire up to 44.9% of TAP's capital. The remaining 5% is designated for the company's workers.

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