Air France-KLM, Lufthansa submit binding bids for TAP Air Portugal stake

NAMPA / Xinhua
2026-07-29
LISBON, July 29 (Xinhua) -- Portuguese state holding company Parpublica confirmed on Wednesday it has received binding proposals from Air France-KLM and Deutsche Lufthansa for the acquisition of a 44.9 percent stake in national carrier TAP Air Portugal, advancing the airline's privatization process into its decisive phase. Air France-KLM framed its bid as a comprehensive strategic plan covering all of TAP's business areas, including passenger......
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