Portugal advances TAP privatization amid global aviation crisis

jornaleconomico.sapo.pt (Portuguese)

Portugal's government will proceed with TAP Air Portugal's privatization by July 2026, despite a severe global aviation crisis. The crisis, driven by Middle East conflict, has halted flights, reduced airline values by over $50 billion, and raised fuel scarcity concerns. The government plans to sell up to 49.9% of TAP. Three finalists, Lufthansa, Air France-KLM, and IAG, were selected, though IAG is reportedly reconsidering its bid due to the minority stake sale.


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Portugal advances TAP privatization amid global aviation crisis | News Minimalist