Air France-KLM remains interested in TAP takeover after SAS investment
Reuters
Published Oct 05, 2023 11:37
LONDON (Reuters) - Air France-KLM (LON:0LN7) maintains a strong interest in Portugal's national carrier TAP and the purchase of a stake in Scandinavia's SAS (LON:0O1W) does not affect its ability to take part in TAP's privatisation, a spokesperson said on Thursday.
Portugal's government plans to sell at least a 51% stake in state-owned airline TAP, the government said last Thursday after the cabinet approved the legal framework for the privatization process.
The airline's privatisation has already attracted interest also from Lufthansa and British Airways (LON:ICAG) owner IAG.
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Written By: Reuters
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