Air France-KLM

Lufthansa says TAP deal brings up to €450M in synergies

Lufthansa executives made their case on Thursday, October 15, for the group's planned purchase of a minority stake in TAP Air Portugal, one day after Lisbon chose the German group over Air France-KLM. CEO Carsten Spohr called the deal a…

Lufthansa, Air France-KLM submit rival bids for TAP stake

Europe's two largest airline groups filed competing binding offers on Wednesday for a minority stake in Portugal's flag carrier TAP Air Portugal, setting the stage for a decision that could reshape transatlantic aviation routes for decades.