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Portugal Picks Lufthansa Over Air France-KLM for TAP Stake

Published 2026-10-14

Lufthansa gets its gateway to Brazil, but Lisbon still holds the controlling stake – at least for now.

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Frequently Asked Questions

Why did Portugal choose Lufthansa over Air France-KLM?

Portugal opted for Lufthansa due to strategic alignment and better access to Brazil, while maintaining control over TAP.

What does this deal mean for TAP Air Portugal?

Lufthansa's stake provides TAP with stronger connections, particularly to Brazil, but Portugal retains the controlling interest.

How will this affect passengers traveling to Brazil?

Passengers can expect improved flight options and connectivity to Brazil through Lufthansa's network.

Is this a permanent change in ownership for TAP?

No, Portugal currently holds the controlling stake in TAP, making this a strategic partnership rather than full ownership change.