Lufthansa Group eyes up to 49.9% stake in TAP Portugal for €2 billion
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Lufthansa Group said it welcomes the Portuguese government’s decision to sell shares in TAP Portugal and is considering increasing its holding to 49.9% for as much as €2 billion.
The airline is negotiating final transaction documents with state‑owned Parpública and expects to sign the acquisition contract soon, pending approval from relevant authorities; CEO Karl‑Stephan Sporer described TAP as a profitable Star Alliance partner and a key Atlantic carrier, noting Lufthansa now operates 353 weekly flights to six Portuguese cities, a 75% rise since 2019.