Lufthansa reportedly leads race for 44.9% stake in TAP Air Portugal

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Portugal is expected to name a buyer for a 44.9% interest in TAP Air Portugal, with Lufthansa reportedly ahead of Air France-KLM. SIC reports Lufthansa’s all-cash offer outpaces its rival’s bid; the Portuguese government’s decision was expected Wednesday.

Discovered 2026-10-13T15:05:37.154899-07:00 | 2026-10-13T15:05:37.154899-07:00

Briefing

What Hype is tracking

  • A potential 44.9% sale would bring a major shareholder into Portugal’s national airline and shape TAP’s ownership and strategic direction.
  • Lufthansa is reportedly ahead of Air France-KLM with an all-cash offer, setting up a contest between two European airline groups for a stake in TAP. The government’s selection was expected Wednesday.

Reported By

Aviacionline globalbankingandfinance.com thebulkheadseat.com
Sources Tracked
4
First Seen
2026-10-13T15:05:37.154899-07:00
Latest Update
2026-10-13T19:05:08.224673-07:00
Coverage
Aviation

Sources

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