Portugal consults TAP suitors on plans for airline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 09 2024
0mins
Source: Yahoo Finance
Privatisation Plans for TAP: The Portuguese government is finalising consultations with interested airlines to develop a privatisation plan for the state-owned carrier TAP, ensuring alignment with market objectives.
Interest from Major Airlines: Airlines such as Lufthansa, IAG (British Airways), and Air France-KLM have expressed interest in acquiring stakes in TAP, with Lufthansa reportedly considering a 19.9% stake to avoid European Commission approval.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
