Economy
Lufthansa group strategy works better with 'total capital', says CEO
Following the signing of the initial agreement to acquire up to 49.9% of TAP, the Lufthansa CEO stated that the group's strategy is most effective when it holds 100% of a company, noting that he looks forward to future talks with the Portuguese government regarding the carrier's future. The current deal, selected on 14 October, involves an investment of 1.2 billion euros and is expected to be finalized by early 2028, with the buyer responsible for any regulatory requirements imposed by the European Commission.
Why it matters
While this is a corporate and macro-economic development, the eventual shift toward full acquisition and the integration of Lufthansa may impact long-term air connectivity and operational decisions for TAP passengers in Portugal.Useful?
