Three-way race for the acquisition of Tap Air Portugal

Three way race for the acquisition of Tap Air Portugal

(Tiper Stock Exchange) – Tap Air Portugal continues to be in the crosshairs of Lufthansa, Iag and Air France-Klm. The acquisition of the Lusitanian airline could design new scenarios in the panorama of air transport in the old continent, because if the IAG group wins, it would take supremacy from the Germans, becoming the largest in Europe.

The purchase of Tap Air Portugal would have a strategic value for all subjects in the race. Lufthansa would see its presence in South America increase, Air France further expand its network in the same airline becoming Iberia’s main competitor, while IAG would have full control of routes with Brazil.

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