Parliament unanimously approves hearing of Infrastructure Minister on TAP privatization to Lufthansa

The parliamentary Committee on Infrastructure, Mobility and Housing unanimously approved a request to summon Infrastructure and Housing Minister Miguel Pinto Luz to discuss the privatization of TAP to the Lufthansa group. The deal involves 1,201 million euros for up to 49.9% of the capital, with the first phase expected to conclude by 2028 pending European Commission approval. The date for the ministerial hearing has not yet been scheduled.

Why it matters

While the hearing itself changes no rules yet, the parliamentary scrutiny tracks the ongoing partial privatization of TAP to Lufthansa, which is targeted for completion by 2028.

Observador· 3w agoRead original ↗

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