Lufthansa Group Submits Bid for Minority Stake in TAP Air Portugal

The Lufthansa Group submitted a bid to Parpública, the Portuguese state-owned investment company, as part of the bidding process for TAP Air Portugal.

Key Move
- Lufthansa Group has submitted a bid to Parpública, Portugal’s state-owned investment company, for a minority stake in TAP Air Portugal.
- The goal is to establish a long-term strategic partnership to secure TAP’s future as Portugal’s national airline.

Strategic Importance
- Lufthansa wants to strengthen TAP as the leading airline for the South Atlantic, with Lisbon positioned as a strategic hub.
- This would expand connectivity between Europe and Latin America, Africa, and North America.

Economic & Social Impact
- Lufthansa has been active in Portugal for over 70 years, currently operating 353 weekly flights and employing 500+ professionals.
- A new Lufthansa Technik facility near Porto is expected to raise employment to 1,000+ by 2030.
- The Group also launched help alliance Portugal, its first European aid organization outside Germany.

Track Record
- Lufthansa has successfully integrated other national airlines (SWISS, Austrian Airlines, Brussels Airlines, ITA Airways) while preserving their identities.
- As the largest airline group outside the U.S., it brings scale, financial stability, and experience to support TAP’s growth.

In short, Lufthansa is positioning this bid not just as a financial investment, but as a strategic, industrial, and social partnership to reinforce TAP’s role globally and Lisbon’s importance as an Atlantic hub.