{"id":58855,"date":"2026-07-29T21:47:13","date_gmt":"2026-07-29T21:47:13","guid":{"rendered":"https:\/\/www.europesays.com\/france\/58855\/"},"modified":"2026-07-29T21:47:13","modified_gmt":"2026-07-29T21:47:13","slug":"air-france-klm-and-lufthansa-bid-for-portugals-tap-airline","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/58855\/","title":{"rendered":"Air France-KLM and Lufthansa bid for Portugal’s TAP airline"},"content":{"rendered":"

<\/a> Portugal is selling up to 49.9 percent in TAP Air Portugal (Fabrice COFFRINI) <\/p>\n

Both Air France-KLM and Lufthansa said Wednesday they had submitted bids to acquire a controlling stake in TAP Air Portugal that is being re-privatised. <\/p>\n

The Portuguese government announced last September that it was seeking a major international airline to buy most of the 49.9 percent stake that it plans to sell. <\/p>\n

The two airline groups had both submitted non-binding offers in April and had three months to submit binding offers. <\/p>\n

Air France-KLM said it was bidding for a 44.9 to 49.9 percent stake in the airline and pledged to \u00a0“position\u00a0Lisbon\u00a0as its\u00a0unique\u00a0southern European hub”. <\/p>\n

The group stressed that the move would strengthen its position in the Americas and\u00a0Africa. <\/p>\n

Lufthansa did not say how much of a stake it hoped to acquire, but also emphasised making Lisbon a southern European hub. <\/p>\n

“We want to strengthen Portugal’s national airline as part of the Lufthansa Group and as the leading airline for the South Atlantic, with Lisbon as a strategic hub,” said Lufthansa, which also owns the Swiss, Austrian and ITA carriers. <\/p>\n

Neither group mentioned how much money they were offering for the stake in TAP. <\/p>\n

Portuguese officials have indicated they hope to conclude the privatisation in late August or early September. <\/p>\n

TAP, which was renationalised in 2020 to stem losses from the Covid-19 pandemic, is among the few remaining state-owned carriers in Europe. <\/p>\n

The airline has around 7,700 employees and a fleet of around 100 Airbus planes. <\/p>\n

burs-rl\/jxb <\/p>\n","protected":false},"excerpt":{"rendered":"Portugal is selling up to 49.9 percent in TAP Air Portugal (Fabrice COFFRINI) Both Air France-KLM and Lufthansa…\n","protected":false},"author":2,"featured_media":58856,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13058],"tags":[739,327,6873,6872,1983,36789,1240,1981],"class_list":["post-58855","post","type-post","status-publish","format-standard","has-post-thumbnail","category-air-france","tag-air-france","tag-air-france-klm","tag-controlling-stake","tag-international-airline","tag-lufthansa","tag-national-airline","tag-portugal","tag-tap-air-portugal"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/58855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=58855"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/58855\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/58856"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=58855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=58855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=58855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}