TAP invests €20 million in new maintenance hub in Porto

TAP removed from Court of Auditors' oversight, clearing obstacle for privatisation

Changes to the law governing the organisation and process of the Court of Auditors proposed by the Government remove TAP from the entity's oversight, meaning it will no longer be subject to prior approval for contract execution, as reported by Jornal de Negócios. This change, which still requires approval from the Court of Auditors, is considered...

Privatisation of TAP Air Portugal: the Air France-KLM option

For a flag carrier like TAP, participating in this ecosystem would represent a powerful commercial, financial, and prestige lever.

Government may extend deadline for submission of binding proposals for TAP

Air France-KLM and Lufthansa have 90 days to submit their binding proposals for the privatisation of TAP after receiving the invitation letter, but this deadline may still be extended or shortened by the Ministers of Infrastructure and Finance, according to the Council of Ministers resolution published this Tuesday in the Diário da República. The Government approved...

The privatisation of TAP is absolutely necessary

Miguel Frasquilho argues that the sale of TAP is vital. The economist and former chairman of TAP believes that the State should not manage businesses and the company must follow market rules.

Air France-KLM reiterates interest in remaining in the race for TAP's privatisation

The Council of Ministers approved a resolution this Thursday inviting Air France-KLM and Lufthansa to submit binding proposals for the purchase of TAP.

SATA: working group to monitor handling privatisation

Following complaints about a lack of information, the President of the Government of the Azores met with workers and committed to providing reports and holding regular meetings.

SATA ground handling services cost 35.3 million euros in 2025

The ground handling services provided by SATA at airports in the Azores cost 35.3 million euros in 2025, an increase of 15.8 million compared to 2021, according to the Regional Government of the Azores. The executive confirmed that the unit, which employs 667 workers across the archipelago, is set to be fully privatised, with the first step involving the establishment of SATA Handling as an autonomous entity. Despite the rising costs and reported negative operational results when valued at market rates, the government stated that terms for the privatisation are still being defined and that worker safeguards will be included in the process.

Government says Azul litigation will be the State's responsibility and guarantees TAP privatisation will not be affected

Azul has filed a lawsuit against TAP, claiming approximately 189 million euros in the Central Civil Court of Lisbon. Pinto Luz states that the litigation will remain the responsibility of the Portuguese State and will not be transferred to future buyers.

TAP cabin crew contest exclusion from sale process

The cabin crew union states that groups interested in the privatisation of TAP were imposed with a prohibition on contacting workers' representative structures.

TAP: Flight Attendants' Union says it only learned of proposals through the media and criticises the Government

The National Union of Civil Aviation Flight Personnel (SNPVAC) stated on Monday, the 6th, that it only learned through the media about the proposals for the partial purchase of TAP and criticised the 'arrogant stance' of the current Government in the process. The union claims that potential buyers were prohibited from contacting workers' representatives, hindering transparency. The union argues that the privatisation must be treated as a matter of public interest, with workers at the centre of the decision, and calls for a more transparent process as the government moves forward with the sale of up to 44.9% of the airline's capital.

TAP privatisation: Five factors that may explain IAG's withdrawal

The privatisation of TAP will be contested between Air France-KLM and Lufthansa, after the IAG group decided not to submit a non-binding proposal. The owner of British Airways and Iberia points to the impossibility of acquiring a majority stake as the main obstacle, but there are other factors that may have contributed to this decision.

10 PM TAP Privatisation: 30 days for Parpública to analyse the proposals

The state-owned holding company Parpública has been given a 30-day window to evaluate the bids submitted for the privatisation of the airline TAP.

9 answers about the privatisation of TAP

The privatisation process of TAP continues with two competitors. Air France-KLM and Lufthansa are committed to moving forward with the purchase of a minority stake in the company. IAG only wanted the majority.

"It was hard to imagine a worse moment" for the privatisation of TAP

António Costa, a commentator for CNN Portugal, points out that “aviation is being particularly affected” by the conflict in Iran, meaning this is not the best time for the privatisation of TAP.

"We will have a less tight race and with less pressure": what is known about the TAP privatisation process

André Veríssimo, a journalist for ECO, analyses the steps that follow until the privatisation of TAP, at a time when two airlines have already submitted proposals to carry out a deal.

TAP privatisation enters a new phase with Air France-KLM and Lufthansa

Two European aviation groups had already formalised the submission of their proposals, while IAG has confirmed its withdrawal from the process.

Owner of Iberia out of the race for TAP. Privatisation will be between Air France-KLM and Lufthansa

With this decision, the race for the privatisation of TAP will be between Air France-KLM and Lufthansa

TAP privatisation: Lufthansa submits proposal, bringing the number of candidates in the race to two

Lufthansa has submitted a non-binding proposal to Parpública for the acquisition of a minority stake in TAP. The German group confirmed to DN that the document was submitted on Thursday, the deadline set by the Portuguese government for the three potential bidders. Lufthansa has previously described TAP as a 'perfect fit' due to its strategic transatlantic routes, though CEO Carsten Spohr has cautioned that the deal must generate returns for stakeholders. Air France-KLM also submitted a proposal this morning, while IAG, the owner of Iberia, has yet to confirm its participation. The government's plan involves selling a 49.9% stake in the airline.

Air France-KLM is the first to enter the race to buy TAP

The French group has formally submitted an acquisition offer for TAP and guarantees the Lisbon hub. This Thursday is the final day of this phase of the privatisation. The government expects to receive three proposals.

TAP: Last day to submit non-binding bids for privatisation

The deadline for submitting bids for the privatisation of TAP ends this Thursday, the 2nd, with three aviation groups having expressed interest: Lufthansa, IAG (owner of Iberia and British Airways), and Air France-KLM. Lufthansa has confirmed it will not withdraw from the process and will submit a non-binding bid, with group strategy head Tamur Goudarzi Pour asserting that they are the partner best equipped to develop the Portuguese airline. While IAG's participation remains uncertain due to concerns over the minority stake on offer, Air France-KLM has confirmed it is working on its proposal. The Portuguese government is looking to sell up to 44.9% of the airline's capital, with 5% reserved for employees.

Deadline for non-binding bids for the privatisation of TAP ends today

Lufthansa has guaranteed that it will not give up on TAP and confirmed that it will submit a non-binding proposal.

Lufthansa says energy crisis does not change TAP's valuation in the privatisation process

In addition to Lufthansa, Air France-KLM and IAG, the owner of Iberia, have also expressed interest in the privatisation.

8am. Government: TAP privatisation goals remain unchanged

Minister Miguel Pinto Luz states that the schedule has not undergone any changes. Also in this news bulletin, the latest on the war in the Middle East and the strike called by Fesinap, which is expected to affect Health and Education.

Azul puts TAP privatisation in check. Brazilian company claims 189 million in court

Azul, which has initiated legal proceedings against TAP, is questioning the airline's re-privatisation process. According to a document accessed by CNN Portugal, the Brazilian company argues that the Government's decree-law creates a 'lawless zone' and aims at the 'expropriation of private property'.

Owner of Iberia and British Airways may withdraw from the race to privatise TAP

The IAG group may not move forward with a bid for the privatisation of TAP, which aligns with the disappointment it has expressed regarding the sale of a minority stake in the airline. An official company source notes that they have until April 2nd to submit a proposal.

Azul returns to the attack against TAP and puts the privatisation in check: "It is flagrantly unconstitutional"

The Brazilian company returns to Portuguese courts to demand the payment of a debt of nearly 190 million euros and accuses the Government of including a clause in the privatisation decree-law that allows for “expropriation of private property” and “immunity” for administrators.