In the summer of 2025, the government of Portugal relaunched a project to privatize national carrier TAP Air Portugal, with the goal of selling a large stake within a year or so. All too often, not much comes of these kinds of projects, though it seems like this is moving along nicely.
Several months back, we learned how both Air France-KLM and Lufthansa Group were interested in investing in the airline. There’s now a major update, as we have more details about the offers, with both Air France-KLM and Lufthansa Group submitting binding offers.
The last round of privatization efforts stalled in early 2025, when the country’s center-right minority government collapsed. The coalition returned to power after a May 2025 election, but didn’t have a majority in parliament, potentially causing a sale to be blocked.
A great solo travel tip spotted this week on One Mile at a Time.
