SubscribeGerman flag carrier Lufthansa has followed Air France-KLM in making a bid for a minority stake in TAP Air Portugal. Lufthansa’s non-binding bid was lodged on Thursday, 2 April, ahead of the 17:00 deadline and just hours after Air France-KLM had submitted its own bid. Why is TAP Air Portugal so valuable to Lufthansa? The airline’s network strength would be invaluable to Lufthansa in maintaining its competitive edge against other airline groups, including Air France-KLM. Photo: Lufthansa GroupIf successful in its bid, TAP will join the Lufthansa Group’s extensive portfolio, which currently includes Lufthansa, Swiss Airlines, Brussels Airlines, Austrian Airlines, ITA Airways, Eurowings, and Discover Airlines.

Source: Ethiopian News April 03, 2026 22:28 UTC