Portugal to hold more talks with TAP stake sale bidders

Portugal anticipates a further phase of negotiations regarding the potential sale of a stake in TAP Air Portugal will last several weeks. The government intends to continue discussions with both Air France-KLM and Lufthansa Group following their evaluation of binding bids submitted at the end of July. These two airline groups presented competing offers for a portion of the national carrier’s shares. Following this initial assessment, Portugal is now preparing for additional deliberations before determining the final bidder. This strategic move aims to secure the best possible outcome for TAP Air Portugal's future.