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Government begins final negotiations with Air France-KLM and LufthansaPhoto by Franco Monsalvo on Pexels
Business
Инвестиции
Coimbra

Government begins final negotiations with Air France-KLM and Lufthansa

Diário de Coimbra4 September 2026 at 15:30

The Portuguese government has begun final negotiations with the Air France-KLM and Lufthansa groups for the partial privatization of TAP. The binding offers submitted by the two airline companies contemplate the acquisition of 44.9% of the capital of the Portuguese airline. The overall valuations of the two offers show similar values to each other, which suggests a balanced competition between the two European airline groups for the stake in TAP. This privatization process comes in the context of the need for financial restructuring of the Portuguese state airline, which has faced significant difficulties in recent years.

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