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Air France-KLM remains interested in TAP takeover after SAS investment

Published 10/05/2023, 06:37 AM
Updated 10/05/2023, 06:41 AM
© Reuters. FILE PHOTO: A logo is seen on the facade of Air France-KLM building during the presentation of the group's annual results in Paris, France, February 17, 2023. REUTERS/Benoit Tessier/File Photo
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LONDON (Reuters) - Air France-KLM maintains a strong interest in Portugal's national carrier TAP and the purchase of a stake in Scandinavia's SAS does not affect its ability to take part in TAP's privatisation, a spokesperson said on Thursday.

© Reuters. FILE PHOTO: A logo is seen on the facade of Air France-KLM building during the presentation of the group's annual results in Paris, France, February 17, 2023. REUTERS/Benoit Tessier/File Photo

Portugal's government plans to sell at least a 51% stake in state-owned airline TAP, the government said last Thursday after the cabinet approved the legal framework for the privatization process.

The airline's privatisation has already attracted interest also from Lufthansa and British Airways owner IAG.

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