Montenegro Predicts the TAP Privatisation Will Recover the State's €3.2 Billion, as a Decision Nears in September
Prime Minister Luís Montenegro says he is convinced the TAP sale will fully recover the roughly €3.2 billion the state sank into the airline. Air France-KLM and Lufthansa filed binding bids for up to 49.9%, and a preferred buyer could be chosen by September.