TAP Portugal CEO warns of challenges in Lufthansa deal
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Lufthansa
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Lufthansa’s interest in TAP, Korean Air’s expansion and mounting cost pressures offer a snapshot of forces shaping the airline industry. The developments raise broader questions about consolidation, growth and the economics confronting carriers, though the available summary provides no deal terms or specific cost figures.
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Lufthansa has operated its final A340-600 flight, while Lufthansa and SWISS are retiring their A340 fleets after 23 years of service. Separately, Lufthansa plans to retire its last eight 747-400s; Edelweiss expects to keep one A340-300 in service until January 2027.
Lufthansa has told crews to carry extra fuel into Frankfurt as jet-fuel supply tightens at the German hub. Switzerland is releasing fuel reserves to avert a shortage at Zurich Airport, highlighting supply pressure at two major European airports and the operational measures being taken to keep flights fueled.
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Portugal’s Council of Ministers selected Lufthansa Group to acquire a minority stake in TAP Air Portugal, ending a privatization contest with Air France-KLM. Reports put the proposed share at 44.9% and the bid at €1.2 billion; the government said Lufthansa’s proposal was financially stronger.
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.
Lufthansa plans to restart its Frankfurt–Chubu route on March 29, 2027, operating three round trips weekly. The service will use Boeing 787-9s fitted with the carrier’s Allegris cabin, bringing the new interior to the route as Lufthansa restores a link between Frankfurt and central Japan.
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British Airways is redesigning its Airbus A380 cabins, removing 52 seats to add premium-economy capacity and create what it says will be the world’s largest business-class deck. The investment reflects the airline’s effort to prioritize higher-yield passengers at slot-constrained Heathrow, even as A380 production has ended and new widebodies face delays.
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