Pressed by the impact of the war in the Middle East, the IAG group has withdrawn from the race to buy TAP, Expresso has learned. Air France-KLM and Lufthansa are the only two remaining candidates.
Group that owns Iberia and British Airways has abandoned the privatisation of TAP
Thursday, 2 April 2026RSS
Context & Explainers
Parpública is a state-owned holding company (Parpública - Participações Públicas, SGPS, S.A.) that manages the Portuguese government's equity interests in various companies. It acts as the state's vehicle for handling privatization processes, such as the ongoing sale of a stake in the national airline, TAP Air Portugal.
AI Summary AvailableLufthansa and Air France-KLM remain in race for TAPRead the synthesized summary with context and explainers
View full article on ExpressoRSS source
Other news coverage of this topic
- 9 answers about the privatisation of TAP10:50pm, 2 Apr 2026 • Observador
- IAG gives up on buying TAP1:30am, 3 Apr 2026 • Correio da Manhã
- TAP: Iberia owner out of the race for privatisation7:14pm, 2 Apr 2026 • RTP Notícias
- "It was hard to imagine a worse moment" for the privatisation of TAP10:28pm, 2 Apr 2026 • CNN Portugal
- TAP privatisation enters a new phase with Air France-KLM and Lufthansa7:43pm, 2 Apr 2026 • CNN Portugal
