Skift Take
The German airline group wants to avoid purchasing a controlling stake in TAP because it doesn't require approval from European Union antitrust authorities.
Lufthansa is eyeing a 19.9% stake in TAP Air Portugal, according to Italian newspaper Corriere della Sera, which cited two Portuguese institutional sources. The company’s CEO, Carsten Spohr, plans to travel to Lisbon this week to speak with government officials, said the report.
Portugal kicked off the sale process last September, and said it wanted to sell a 51%