Headlines
Air France CEO says ready to bid for Portugal's TAP
Published by Global Banking & Finance Review®
Posted on February 28, 2025
1 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 28, 2025
1 min readLast updated: January 25, 2026
Air France-KLM CEO Ben Smith plans to bid for TAP's privatization, aiming to invest in Portugal and expand connections from Lisbon.
LISBON (Reuters) - The CEO of Air France-KLM, Ben Smith, said on Friday the airline was ready to present its project for the privatisation of Portugal's flag carrier TAP, and intended to invest in local economy and connect the country's secondary cities.
"Portugal is a great country and a strategic market for Air France-KLM. TAP Air Portugal is an emblematic airline that has built a powerful hub in Lisbon, open to the world," he said in a statement during French President Emmanuel Macron's visit to Portugal.
"We want to maintain and develop TAP's strong brand and highly valuable hub, drawing on the expertise of the company's staff."
(Reporting by Sergio Goncalves, writing by Andrei Khalip)
The main topic is Air France-KLM's intention to bid for the privatization of Portugal's TAP airline.
TAP is seen as a strategic asset with a strong brand and a valuable hub in Lisbon.
Air France plans to invest in the local economy and enhance connections from Portugal's secondary cities.
Explore more articles in the Headlines category
