Lufthansa Wins Bidding for 44% Stake in TAP Air Portugal
Scott McCartney discussed the consolidation in the European aviation market, revealing that Lufthansa emerged as the winning bidder for a 44% stake in TAP Air Portugal, outbidding Air France-KLM.
personScott McCartneycompanyLufthansacompanyTAP Air PortugalcompanyAir France-KLM
The tape
1 quote
“Lufthansa was the winning bidder for a 44% tap Air Portugal. Lufthansa outbid Air France KLM. This was a big competition between the large airline groups in Europe for market share.”
Scott McCartney
Heard on Airlines Confidential — “359 - Scott McCartney with Guest Co-Host Christina Cassotis”, published Wednesday, October 21, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.