Air France‑KLM says TAP could be central asset

Thursday, 19 February 2026AI summary
Air France‑KLM says TAP could be central asset
Photo: RTP Notícias

Air France‑KLM said a non‑binding approach to TAP sees the Portuguese carrier as a complementary network that could have a central role if the group acquires it, the company's CFO told reporters. The executive confirmed recent talks with TAP management led by Luís Rodrigues and said TAP's final role would depend on strategy and regulatory outcomes. Travellers and TAP staff should watch the privatisation timetable and any changes to routes or labour arrangements.

Context & Explainers

What is TAP?

TAP Air Portugal is Portugal’s flag-carrier airline, founded on 14 March 1945 as Transportes Aéreos Portugueses. It began operations in 1946 with Lisbon–Madrid and quickly opened the long “Linha Aérea Imperial” to Angola and Mozambique, symbolically linking mainland Portugal to its overseas territories. TAP entered the jet age in the 1960s, became Europe’s first all‑jet airline in 1967, and rebranded as TAP Air Portugal in 1979. Nationalised after the 1974 Carnation Revolution, it went through cycles of partial privatisation and renationalisation, remaining a strategic state‑controlled company due to its role in connectivity, tourism, exports, and the Portuguese diaspora, especially to Brazil, Africa, and North America. Today TAP operates an all‑Airbus fleet from its Lisbon hub, marketing itself as a bridge between Europe, Africa, and the Americas and as a key economic and symbolic asset for Portugal.

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