Portugalpage 5

Place · 183 articles
Share

Coverage, page 5

page 5 of 10
A

Lufthansa Group, Air France-KLM submit rival bids for stake in TAP Air Portugal

Competition to become a strategic shareholder in TAP Air Portugal has intensified after both Lufthansa Group and Air France-KLM confirmed they have submitted bids to Parpública, Portugal’s state-owned investment company, as part of the ongoing privatisation process for the flag carrier. Lufthansa Group announced it has submitted a bid for an initial minority stake in […]

AviTraderAviTraderHeike Tamm30 Jul

Lufthansa Group Submits Bid for Minority Stake in TAP Air Portugal

The Lufthansa Group yesterday submitted a bid to Parpública, the Portuguese state-owned investment company, as part of the bidding process for TAP Air Portugal. The acquisition of an initial minority stake is intended to establish a long-term partnership between the Lufthansa Group and TAP Air Portugal in order to secure TAP’s successful future as Portugal’s national airline on a sustainable basis.

Breaking Travel NewsBreaking Travel News30 Jul