Air France-KLM and Lufthansa Battle for TAP Air Portugal – and Lisbon Is the Prize
Air France-KLM and Lufthansa have submitted binding bids for a minority stake in TAP Air Portugal, placing Lisbon at the center of a major airline battle.
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Turkish Airlines’ €300 million offer to acquire a roughly 26–27% stake in Air Europa has been accepted. The deal is set to close within 6–12 months…