Lufthansa Group is reportedly interested in acquiring a stake in the Portuguese airline TAP, as the Portuguese government prepares to privatise the state-owned carrier.
Carsten Spohr, Lufthansa’s CEO, is set to meet with Portuguese government officials to discuss the potential investment. Lufthansa is considering a 19.9% stake in TAP, joining other interested parties such as Air France-KLM and IAG (the parent company of British Airways and Iberia).
TAP’s strong connections to Brazil and presence in Africa make it a valuable asset. This move follows Lufthansa’s recent minority stake acquisition in Italy’s ITA Airways.
This post was published on 2 September 2024 18:46
Embraer has delivered the first E175 equipped with RECARO R2 passenger seats to American Airlines,…
LOT Polish Airlines has joined TSA PreCheck, allowing eligible passengers departing from participating US airports…
Munich Airport will offer 182 destinations in 67 countries during its winter 2026/27 timetable, with…
A Canadair Challenger 604 operated by Triton Aviation made an emergency landing at Abuja’s Nnamdi…
Antwerp Airport could see electric passenger aircraft enter service from 2030, with ASL Group and…
VINCI Airports handled 93.5 million passengers in the third quarter of 2026, down 0.6% year-on-year,…