The Minister of Infrastructure and Housing, Miguel Pinto Luz, said this Monday that the Government is awaiting the Parpública report on the non-binding offers from Lufthansa and Air France-KLM for the purchase of TAP. He admits to selling the airline even in a scenario with only one binding proposal. 'We are waiting patiently for the report that...'
Government admits to selling TAP with only one bidder
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
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