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Portugal Prioritizes TAP’s Strategic Role Amid Privatization

ByAdmin

The government of Portugal has reiterated that the ongoing privatization of TAP Air Portugal is being driven primarily by strategic national interests rather than financial motivations. Officials emphasized that TAP’s role in the country’s connectivity, tourism, and international presence outweighs its balance sheet when evaluating potential buyers.

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TAP Privatization Attracts Interest from Former Owner Humberto Pedrosa

ByAdmin

TAP Air Portugal, the nation’s flag carrier, is garnering significant attention ahead of its planned privatization in 2025. Among the interested parties is Humberto Pedrosa, a former shareholder and influential figure in TAP’s history, who has expressed readiness to reinvest in the airline.