The government expects to announce the winner of the TAP privatization bid this month, but the subsequent approval process by the European Commission is expected to take between 18 and 24 months. The financial impact of the sale on the state's debt is not expected to be felt until 2028.
This update is from Bica
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Read today’s briefingThe Alentejo Regional Coordination and Development Commission (CCDR) has officially authorized the installation of the MadoquaPower2X and MADOQUA NH3 projects in Sines. These projects are part of the region's energy transition initiatives.
Following the announcement of the sale of a portion of TAP's capital to Lufthansa, the PSD party believes it can secure parliamentary support from the PS or Chega to proceed with the total privatization of the airline.
Infrastructure Minister Miguel Pinto Luz stated that the government intends to maintain control over TAP's strategic assets—such as its headquarters, its Lisbon hub, and connections to the islands and PALOP countries—even in a full privatization scenario. To achieve this, the government plans to create a Portuguese Supervisory Council with equal representation to monitor these strategic interests, regardless of the airline's ownership structure.