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Portugal advances TAP privatization talks with Lufthansa and Air France-KLM for 44.9% stake

Portugal’s Council of Ministers has approved the start of negotiations with Lufthansa Group and Air France-KLM for the acquisition of a 44.9% stake in TAP Air Portugal, moving the reprivatization process into its final-proposal phase and setting up a direct competition between the two European airline groups.

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EU court rejects Ryanair’s bid to block Lufthansa aid

An EU court has rejected Ryanair’s request for an injunction against aid provided to Lufthansa, a decision that removes an immediate legal obstacle to the German carrier’s support while highlighting continued scrutiny of state assistance and competitive conditions in European aviation.

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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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Aeroflot buys Lufthansa stakes in catering businesses

Aeroflot has acquired Lufthansa’s stakes in catering businesses, marking a corporate transaction between Russia’s flag carrier and the German airline group. The deal affects aviation-adjacent operations rather than aircraft or route networks, adding a new dimension to the companies’ respective portfolio strategies.

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mrobusinesstoday.com

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Lufthansa Technik Philippines to maintain Emirates’ A380 fleet through 2030, with Clark facility as launch customer

Lufthansa Technik Philippines and Emirates have extended their base-maintenance agreement for the airline’s Airbus A380 fleet through 2030. Heavy checks will continue in Manila, while Emirates will become the launch customer for Lufthansa Technik’s planned Clark facility, adding maintenance capacity in Asia.

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Lufthansa Group Keeps Lufthansa Technik Partnership Options Open as Bundeswehr Certifies Military Training and LUNA NG

Lufthansa Group continues to view Lufthansa Technik as a core portfolio asset while leaving open a future equity partnership or sale. Separately, Lufthansa Technical Training won Bundeswehr certification for theoretical P-8A Poseidon maintenance training, while Rheinmetall’s LUNA NG received provisional military airworthiness approval for training and testing.

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