Key facts
- Portugal is confident in selling a minority stake in TAP Air Portugal.
- Potential buyers include Air France-KLM and Deutsche Lufthansa AG.
- Final approval for the sale is expected within the next year.
Portugal is expressing confidence in its ability to finalize the sale of a minority stake in its national airline, TAP Air Portugal. The government is considering offers from two major European carriers: Air France-KLM and Deutsche Lufthansa AG. Despite the optimism surrounding the deal, the process is expected to be lengthy, with final approval potentially not being granted for another year. This timeline suggests that regulatory reviews and negotiations will be extensive before a definitive agreement is reached.