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News 2026-10-14 11:30 UTC

UPDATE 1 — Portugal picks Lufthansa to buy 44.9% of TAP, sources say

(Adds context throughout) LISBON, Oct 14 (Reuters) — Portugal's government chose Lufthansa on Wednesday to acquire a 44.9% stake in TAP Air Portugal, making the German airline the strategic partner of one of Europe's last independent flag carriers, two people familiar with the matter told Reuters. No other details were

News 2026-10-14 11:15 UTC

Portugal picks Lufthansa to buy 44.9% of TAP, sources say

LISBON, Oct 14 (Reuters) — Portugal's government has chosen Lufthansa to acquire a 44.9% stake in TAP Air Portugal, making the German airline the strategic partner of one of Europe's last independent flag carriers, two people familiar with the matter told Reuters on Wednesday. Lufthansa beat rival Air France-KLM after