Lufthansa and Air France-KLM will submit improved final bids for TAP on September 30, with Portugal’s government expected to choose a winner within 15 days.
Lufthansa and Air France-KLM will submit improved final bids for TAP on September 30, with Portugal’s government expected to choose a winner within 15 days.
Jet fuel prices have jumped 76% since mid-June, leaving TAP more vulnerable than larger European rivals as fuel costs threaten earnings and could feed into ticket prices.
