TAP, renationalised in 2020 to stem losses from the Covid-19 pandemic, is among the few remaining state-owned carriers in Europe

TAP, renationalised in 2020 to stem losses from the Covid-19 pandemic, is among the few remaining state-owned carriers in Europe

 HENRIQUE CASINHAS

Portugal on Thursday asked Air France-KLM and Lufthansa to make binding offers to buy a controlling stake in TAP Air Portugal, as the government seeks to privatise an airline it rescued during the Covid-19 pandemic. 

The Portuguese government announced last September that it was seeking a major international airline to buy most of the 49.9 percent stake that it plans to privatise.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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