✉news WarWar first seen 23 d ago, last 22 d ago, peak #29
Lufthansa Wins Out In TAP Bidding War
Lufthansa has emerged as the winner in the bidding contest for TAP Air Portugal, as Portugal moves ahead with the privatisation of its flag carrier. The German airline group beat rival bidders to secure a stake in the Lisbon-based carrier, giving it a stronger foothold in the Atlantic and Latin American markets that TAP serves.
Why now: The outcome of the long-running privatisation contest for Portugal's flag carrier has just been decided, with major implications for European aviation consolidation.
LufthansaTAP Air PortugalPortugal
Evidence
- Lufthansa Wins Out In TAP Bidding War · Aviation Week
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