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BloombergHenrique Almeida

Portugal advances TAP privatization talks with Lufthansa and Air France-KLM

Portugal will open a further negotiation round with Lufthansa Group and Air France-KLM after rating their binding bids for a minority stake in TAP as broadly equivalent. Both airline groups will have additional weeks to improve their financial proposals before the government selects a preferred investor.

2026-09-04T08:06:16.980874-07:00

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Bloomberg

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Portugal advances TAP privatization talks with Lufthansa and Air France-KLM

Portugal will open a further negotiation round with Lufthansa Group and Air France-KLM after rating their binding bids for a minority stake in TAP as broadly equivalent. Both airline groups will have additional weeks to improve their financial proposals before the government selects a preferred investor.

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Reuters

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Air France-KLM tops quarterly profit expectations on premium/long-haul strength, trims annual capacity guidance

Air France-KLM reported quarterly profit beating expectations, supported by revenue gains from premium and long-haul travel. The group also reduced its annual capacity guidance, while shares rose following the results, signaling improved earnings visibility but a more cautious capacity outlook.

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Denmark fines KLM over “misleading” SAF marketing

Denmark has fined KLM for “misleading” marketing related to sustainable aviation fuel (SAF). The action underscores regulators’ scrutiny of how airlines communicate fuel sustainability claims and the need for marketing language that is consistent with verifiable SAF usage.

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KLM finalizes sale of its catering subsidiary

KLM has concluded the previously announced sale of its catering subsidiary, completing the divestment. The transaction closes another step in KLM’s broader portfolio reshaping, with the catering unit no longer remaining under KLM ownership.

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