Government prepared to sell TAP with single bidder
Minister of Infrastructure and Housing Miguel Pinto Luz confirmed that the government is ready to proceed with the privatization of the national airline, TAP, even if only one binding proposal is received. The government is currently awaiting a report from the public holding company Parpública regarding the non-binding offers submitted by Lufthansa and Air France-KLM.
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.
