Group strategy works better with "total capital" says Lufthansa

Lufthansa's CEO expressed satisfaction with the minority investment in TAP, emphasizing that the group's strategy works best with full ownership. He awaits further discussions with the Portuguese government regarding future steps. The company has experience with regulatory remedies from the European Commission, which will be addressed directly by Lufthansa. The Portuguese government selected Lufthansa for a partial privatization of TAP, with a proposal of €1.201 billion for up to 49.9% of the capital, surpassing Air France-KLM's offer. The deal is expected to conclude by early 2028.