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TAP Airline Stake Battle Heats Up | Amsterdam News
Description
Portuguese airline TAP is up for grabs—literally—with Air France-KLM and Lufthansa locked in a fierce battle for up to 49.9% ownership. Both giants dropped final bids just before the deadline, aiming to expand their global reach through TAP’s routes across Africa, the Americas, and southern Europe. Air France-KLM plans to integrate TAP into its existing network, while Delta Air Lines backs the bid, calling it a win for transatlantic travel and Portugal’s tourism appeal. The Portuguese government will decide by early September—watch this space.
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