Economy
Montenegro promises 'loyal and demanding' partnership with Lufthansa and interest in pursuing privatization
The Portuguese government has signed an agreement to sell up to 49.9% of TAP Air Portugal's capital to the Lufthansa Group. Prime Minister Luís Montenegro reaffirmed the government's long-term intention to proceed with the total privatization of the airline in a future phase.
Why it matters
While this sale of a minority stake does not change flight operations or prices today, the government's stated goal of full privatization signals potential long-term changes to the management, strategy, and business model of Portugal's national airline.Correio da ManhãRead original ↗
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