Lufthansa and Air France-KLM will have three weeks to improve their offers for TAPPhoto by b1-foto on Pexels
Business

Lufthansa and Air France-KLM will have three weeks to improve their offers for TAP

Público5 September 2026 at 15:49

The Lufthansa and Air France-KLM airlines will have an additional three-week deadline to improve their offers for TAP. The Portuguese government decided to extend the deadline for the closure of the privatization process of 44.9% of the national airline's capital.

The new deadline for the conclusion of the process was set for December 31st of the current year. This extension comes at a crucial moment for TAP's future, which is going through a restructuring and privatization process.

The two competing European airlines are in the race to acquire a majority stake in TAP, competing for the purchase of a significant share of the Portuguese airline. The privatization process has been attracting considerable interest in the European aviation sector.

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