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Lufthansa buys parts of airline TAP

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Lufthansa wins the race

Lufthansa is a big airline from Germany. Lufthansa buys parts of the airline TAP. TAP is from Portugal. The government in Lisbon decides this on Wednesday. Lufthansa gets 44,9 percent of the company.

Lufthansa pays 1,2 billion euro for this. Lufthansa pays with cash. Another company wants to buy TAP too. The offer from Lufthansa is better. The government in Lisbon wants to sell the airline.

Lufthansa wants to fly better to South America. Flights to Brazil are very important. The sale takes a long time. Experts think the sale is ready in the year 2028.

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Definitions

TAP
TAP is an airline from Portugal.
Lufthansa
Lufthansa is a big airline from Germany.

Locations

Portugal
Portugal is a country in Europe.
Lisbon
Lisbon is the capital city of Portugal.
Brazil
Brazil is a big country in South America.

Sources

Logo Die Presse
Die Presse

AUA-Mutter Lufthansa gewinnt Bieterrennen um Portugals Airline TAP

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Logo ORF
ORF

AUA-Mutter Lufthansa gewann Bieterrennen um Airline TAP

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Logo 20 Min
20 Min

Lufthansa kauft sich bei der portugiesischen Airline TAP ein: Das sind die Details

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Logo Standard
Standard

AUA-Mutter Lufthansa kann bei Portugals Airline Tap einsteigen

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Südtirol News

Lufthansa gewinnt Bieterrennen um Portugals Airline TAP

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Logo FAZ
FAZ

Business-Liveticker: Lufthansa gewinnt Bieterrennen um Airline TAP | FAZ

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Logo Spiegel
Spiegel

Lufthansa gewinnt Bieterrennen um portugiesische TAP

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