Air France-KLM, Lufthansa Submit Offers For TAP Air Portugal Stake
Credit: Patricia De Melo/AFP/Getty Images
Meeting the April 2 deadline for interested parties to submit bids for a 44.9% minority stake in TAP Air Portugal, two of Europe’s major airline groups—Air France-KLM and Lufthansa—have submitted non-binding offers, while International Airlines Group (IAG) has abstained. The reprivatization of state...
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