Infrastructure Minister Miguel Pinto Luz said in Lisbon today that the selection of a new buyer for a 49.9% stake in TAP is expected to be completed by the summer.

Infrastructure Minister Miguel Pinto Luz said in Lisbon today that the selection of a new buyer for a 49.9% stake in TAP is expected to be completed by the summer.
TAP Air Portugal is Portugal’s flag-carrier airline, founded in 1945 and based at Lisbon’s Humberto Delgado Airport, operating domestic, European and intercontinental routes. For expats it matters because TAP runs many of the main connections to Portugal (including transatlantic routes), so its schedules, fares and operational decisions directly affect relocation, visits and shipping of household goods.