Lufthansa’s Strategic Bid for TAP Air Portugal: A Move Toward Market Consolidation

German airline Lufthansa aims to acquire a 20% stake in TAP Air Portugal. This strategic move involves negotiations with Portuguese government officials. The meeting will commence this Monday, hosting Lufthansa CEO Carsten Spohr and key Portuguese representatives. As negotiations remain in the early stages, Lufthansa has refrained from commenting on the matter. This endeavor follows […]