Portugal to sell nearly half of shares in national carrier TAP
The Portuguese government has decided to put 49.9% of the shares of the national airline TAP up for sale, including 5% intended for employees. According to Prime Minister Luis Montenegro, the largest European airline groups have already expressed interest in the deal – Lufthansa, Air France-KLM and the owner of British Airways, the IAG holding. All applications will be assessed based on financial, technical and strategic criteria.
