The Minister of Infrastructure stated this Tuesday (April 7) that the privatisation of TAP could move forward even if only one interested party remains in the tender, ensuring that the Government has the necessary conditions to conduct the process. Miguel Pinto Luz, speaking in parliament, considered it 'premature' to draw conclusions about non-binding proposals and refused to speculate on the outcome of the tender, noting that the Government is awaiting the report from Parpública. 'We will wait to see what these proposals say,' he stated, highlighting that proposals from 'two of the largest European groups,' referring to Air France-KLM and Lufthansa, are still under evaluation. Questioned by Livre MP Jorge Pinto about a potential scenario with only one competitor in the binding phase, he admitted this possibility, arguing that the criterion will be the State's interest. 'If we reach the binding phase and a group appears that respects all dimensions... and also offers an absolutely exceptional value [...I think we] should do it,' he said. 'The goal is to ensure that the operation is carried out with security and transparency, regardless of the number of competitors,' he added. TAP privatisation: Germany's Lufthansa moves forward with a proposal, bringing the number of candidates to two.
TAP privatisation may proceed with a single bidder, minister guarantees
Tuesday, 7 April 2026RSS
Context & Explainers
Miguel Pinto Luz is Portugal's Minister of Infrastructure. On Feb 24, 2026 he told journalists in Viseu that works on the A1 motorway in the Coimbra area would be fully completed and traffic restored to four lanes by the end of that week.
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 AvailableGovernment prepared to sell TAP with single bidderRead the synthesized summary with context and explainers
View full article on dn.pt







