Lufthansa has defeated Air France-KLM to purchase a 44.9% share in TAP Air Portugal, according to the Independent. The two aviation groups were the only bidders. Add Simple Flying on Google Add as Preferred Source Follow on Google Discover It is a significant step towards privatizing Portugal's airline. Although the deal is done, it still requires European Union approval.
Taking Over Europe? Lufthansa Picked To Buy TAP Air Portugal
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