easyJet sees TAP privatisation as an opportunity to grow in Lisbon

TAP invests €20 million in new maintenance hub in Porto

Interested in TAP, Air France-KLM reduces losses but cuts forecasts due to conflict

The Air France-KLM partnership, one of two parties interested in the privatisation of TAP (alongside Lufthansa), reported a reduction in operating losses for the first three months of the year this Thursday, but revised its capacity projections downwards and cost projections upwards due to the uncertainty generated by the conflict in the Middle East and the...

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.

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.

Three years of Luís Rodrigues' leadership between restructuring and the path to privatisation

Luís Rodrigues took over the leadership of TAP in April 2023, with the airline under operational and labour pressure, and reaches his third year in office with positive results and the privatisation process in an advanced stage.

TAP profit fell to 4.1 million euros last year

Annual accounts were penalised by the final quarter of 2025, which saw a loss of 51 million euros due to an extraordinary factor. Currently in the process of privatisation, TAP aims to strengthen its leadership in Brazil.

TAP for sale and Bondalti shopping in Spain

The privatisation of TAP has taken another step forward. Bondalti has gone all in. Meanwhile, oil prices are rising.

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.

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.

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.

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

Parpública confirms it has received two non-binding offers 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.

Privatisation. "TAP will be able to find its way"

Alexandra Machado states that the privatisation of TAP will involve maintaining a strong presence in Portugal. The Economics editor at Observador says that IAG may not have moved forward with a proposal.

Iberia owner out of the race to buy TAP. Privatisation will be contested between Lufthansa and Air France

IAG, which owns Iberia and British Airways, did not submit a non-binding offer for the acquisition of a minority stake in the privatisation of TAP, as reported by ECO and subsequently confirmed by the British group. With the deadline for submitting proposals to Parpública now expired, the race to buy the Portuguese airline...

TAP privatisation moves forward, but the energy crisis impacts the price

European giants have the financial muscle to buy TAP, but they want guarantees of management control

Air France-KLM presents non-binding bid for stake in TAP

Airline group Air France-KLM has followed Lufthansa to present its non-binding bid for a minority participation in TAP Air Portugal – the national flag carrier undergrowing its second privatisation in The post Air France-KLM presents non-binding bid for stake in TAP appeared first on Portugal Resident.

Air France-KLM submits non-binding proposal for TAP. Highlights experience 'working with state shareholders'

Air France-KLM submitted its non-binding proposal to Parpública this Thursday as part of the privatisation of TAP. The Franco-Dutch group reinforces its 'continued and reiterated' interest in the Portuguese airline. 'We firmly believe that the next chapter in this airline's history should be written as part of the Air France-KLM Group, building on this legacy and elevating it...'

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.

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.

TAP: Lufthansa guarantees it has not given up and will submit a proposal this week

Air France-KLM is the other interested group, having already reiterated several times its intention to participate in the privatisation of TAP.

TAP privatisation proceeds and accounts under pressure due to Middle East conflict

The privatisation of TAP will move forward despite the rise in jet fuel prices. The risk of the group combining Iberia and British Airways withdrawing does not currently affect the interest of Lufthansa and Air France-KLM in the Portuguese airline.

TAP: Owner of British Airways and Iberia reiterates it has until early April to decide on offer

IAG Group, owner of British Airways and Iberia, maintains the possibility of submitting a proposal for the privatisation of TAP until early April and has not confirmed any final decision regarding its participation. On Friday, Bloomberg reported that the group was inclined not to proceed with an offer, citing sources close to the matter, and IAG indicated that day that, “in accordance with the process, it has until April 2nd to submit an offer.” On Monday, an official company source reiterated this position to Lusa. According to sources cited by Bloomberg, IAG believes that Portugal's option to sell only a minority stake in the airline does not fit the group's strategy. The tender specifications provide for the sale of up to 44.9% of TAP's capital, with 5% reserved for employees. In addition to the owner of Iberia, Air France-KLM and Lufthansa have also expressed interest in the privatisation. Non-binding proposals must be submitted to Parpública by April 2nd and must include a financial component, such as the price offered for shares and future valuation mechanisms (earn-outs). Interested parties must also present industrial and strategic plans, synergies, and guarantees to preserve TAP's status as a European Union air carrier. IAG believes TAP could be successful within the group if the “terms are appropriate.”