TAP Air Portugal sale narrows to Air France-KLM vs Lufthansa; decision imminent

The Portuguese government is set to announce the winning bidder for TAP Air Portugal within days, with Air France-KLM and Lufthansa as finalists. TAP is profitable, has a modern fleet, and holds a strong position in the Brazilian market, making it a strategic asset. The outcome will reshape European airline consolidation and could affect competitive dynamics on transatlantic routes.