Transports

Lufthansa’s planned purchase of 49.9% of TAP would make the German group the clear leader on Europe-Brazil routes, underlining the strategic value of the Portuguese airline.

Lufthansa wins bid for 49.9% of TAP

ECO News,

Portugal has chosen Lufthansa to buy 49.9% of TAP for €1.201 billion, a deal that would bring the flag carrier into Europe’s biggest airline group.