TAP Sale Narrows to Air France-KLM and Lufthansa as Binding Bids Come Due in July
Portugal's long-running TAP privatisation reaches its decisive stage in July, when Air France-KLM and Lufthansa must table binding offers for a 49.9% stake. A government decision is expected by early September, even as the new Lisbon airport at Alcochete stays on a 2028 blueprint.