Air France-KLM and Lufthansa submit bids as TAP Air Portugal privatization accelerates

Air France-KLM and Lufthansa have both submitted non-binding offers for a minority stake in TAP Air Portugal, marking a key step in the ongoing privatization process of the Portuguese flag carrier. In a statement released on April 2, 2026, Air France-KLM confirmed it had formally submitted a non-binding offer to Parpública, expressing strong interest in