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Thursday, 22 October 2026

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Government receives report from Parpública on TAP privatization proposals

The report from Parpública regarding offers from Air France-KLM and Lufthansa has been delivered to the Government, according to an official source from the Ministry of Finance.

Archive photo: Government receives report from Parpública on TAP privatization proposals
Archive photoPhoto: Governo de Portugal · Wikimedia Commons · CC BY-SA 4.0

Parpública has delivered a report to the Government detailing and assessing the binding proposals submitted by Air France-KLM and Lufthansa. This document pertains to the intention to acquire 44.9% of TAP.

According to an official source from the Ministry of Finance, the report was discussed on Tuesday and provides a summary of the offers received on July 29.

Archive photo: Government receives report from Parpública on TAP privatization proposals
Archive photoPhoto: Jaques Wagner Governador from Bahia/Brasil · Wikimedia Commons · CC BY 2.0

The proposals were submitted by two of the largest European airlines, Air France-KLM and Lufthansa, as part of the privatization process for the national carrier.

The contents of the Parpública report will inform the Government's next steps regarding the privatization of TAP, but no additional details about the proposals or their impact have been disclosed.