FlightGlobal
• David Kaminski-Morrow
Air France‑KLM submits non‑binding bid for minority stake in TAP as rivals circle
Air France‑KLM has lodged a non‑binding offer for a minority stake in TAP Air Portugal, joining a competing non‑binding bid from the Lufthansa Group as Portugal’s long‑delayed privatisation moves forward. The submissions mark a formal advance toward the government’s evaluation ahead of its deadline.
