Lufthansa wins TAP privatization: what is the impact on flights between Brazil and Portugal?

The Portuguese government announced that Lufthansa has won the tender to privatize TAP, acquiring a 49.9% stake with executive and operational management control for 1.2 billion euros. The government required guarantees that flights between Portugal and Brazil will be maintained, with no route reductions expected and new operations to São Luís launching on October 26.

