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The Privatisation of TAP Faces the Final Straight with the Offers of Air France-KLM and Lufthansa
Summary by Hosteltur: Toda La Información De Turismo
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The process of privatization of TAP, one of the few flag airlines still operating independently in Europe, enters its final phase. The operation foresees the sale of up to 49.9% of the capital of the Portuguese company. As the deadline ended on 30 July, Air France-KLM and Lufthansa air groups submitted their binding offers a day earlier. From that date, Parpública, the state company in charge of the process, has a deadline of 30 days to evaluate…
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