The coming twelve months could be crucial for the consolidation of the airline industry in Southern Europe. Not just in Italy, where a final decision on the partial sale of ITA Airways is delayed as a new administration has entered office, but also in Portugal. Interest is gearing up for TAP Portugal, although the airline has some work to do to complete its strategic plan. TAP Portugal not ready for sale yet.
That TAP Portugal could be up for sale, emerged again in late September. In a session in parliament, Prime Minister Antonio Costa said that he hoped that the sale of the state’s share in TAP “is a possibility on the table for the next twelve months.” He hoped that the state would recoup more than the €3.2 billion that the state has invested in the airline. With that, he referred to the successful sale by the German state of its share in Lufthansa this summer.
We use cookies to optimize our website and our service.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
