What does Lufthansa gain from its €1.2 billion TAP Air Portugal deal and when?
21 Oct 2026, 04:58 PM

What does Lufthansa gain from its €1.2 billion TAP Air Portugal deal and when?

N
Newseuro
@newseuro
Lufthansa expects about €450 million a year in synergies from buying up to 49.9% of TAP Air Portugal for €1.2 billion, but Portugal’s continued control, lengthy regulatory reviews and the slow progress of its ITA Airways deal suggest the gains could take years to arrive.
Source Credit: euronews.com
Read Full Story
1

Comments (0)

Login to join the conversation
More News
More News
Kildunne drops to bench as England ring changes
21 Oct 2026
EU probes whether Booking.com is doing enough to tackle fake listings and phishing scams
21 Oct 2026
Trump leans into unprecedented power ahead of midterm elections
21 Oct 2026
God Save The Queens: New exhibition celebrates the women of punk and 50 years of She Punk history
21 Oct 2026
2,000-year-old treasure discovered beneath former sports field, breaking regional record
21 Oct 2026
Philly officer murdered in line of duty promoted to sergeant as police from around US attend his funeral
21 Oct 2026