The Portuguese government intends to conclude in the coming weeks the negotiations with interested parties in TAP, the Portuguese state airline. The executive is working to finalize these contacts before the State Budget enters Parliament.
The two main interested parties in the process are the airlines Air France-KLM and Lufthansa. The government is betting on improving the proposals submitted by both companies to move forward with the privatization or restructuring of TAP.
The timing of the negotiations is directly linked to the legislative calendar. Concluding the process before the State Budget enters Parliament is considered strategic by the executive, which intends to have a defined position on TAP's future in the context of budgetary decisions.
This process comes at a time of great importance for Portuguese aviation, with the government seeking to secure the best possible conditions for the airline through these negotiations with the two major European airline groups.
