Lufthansa Beats Air France-KLM to Win €1.2B TAP Stake

By Dawood Fakhir ( October 14, 2026, 7:12 PM BST) -- The Portuguese government said Wednesday it has selected German airline Lufthansa over Air France-KLM to acquire an approximately 50% stake in state airline TAP Air Portugal in a €1.2 billion ($1.3 billion) deal....

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