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Lufthansa Beats Air France-KLM to Buy 44.9% of TAP Air Portugal for €1.2 Billion

October 15, 2026 avianity Airline & Aviation News
TAP Air Portugal aircraft as Lufthansa moves to acquire a 44.9% stake in the Portuguese airline for €1.2 billion

The Portuguese government has chosen Lufthansa Group over Air France-KLM as the buyer of a stake in TAP Air Portugal. The decision was announced on October 14, 2026, as part of the privatization of the national airline.

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