Air France-KLM Expresses Interest in TAP Privatisation Under Portuguese Government Conditions

Reported about 5 hours ago

Air France-KLM is in positive discussions with the Portuguese government regarding its potential involvement in the privatisation of TAP, the national airline. CEO Ben Smith confirmed the airline's willingness to preserve TAP's brand, network, and local jobs, and indicated that the final decision would depend on the timing and conditions set by the Portuguese government. Alongside Air France-KLM, other major airlines have expressed interest in the privatisation, which is anticipated to occur this year.

Source: YAHOO

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