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Air France CEO says ready to bid for Portugal's TAP

Published by Global Banking & Finance Review

Posted on February 28, 2025

1 min read

· Last updated: January 25, 2026

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Air France CEO says ready to bid for Portugal's TAP
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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

Air France CEO Prepares Bid for TAP Privatization

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)

Key Takeaways

  • Air France-KLM is ready to bid for TAP's privatization.
  • The CEO emphasizes investment in Portugal's economy.
  • Focus on connecting Portugal's secondary cities.
  • TAP's Lisbon hub is a strategic asset.
  • French President Macron's visit highlights the announcement.

Frequently Asked Questions

What is the main topic?
The main topic is Air France-KLM's intention to bid for the privatization of Portugal's TAP airline.
Why is TAP important to Air France?
TAP is seen as a strategic asset with a strong brand and a valuable hub in Lisbon.
What are Air France's plans for TAP?
Air France plans to invest in the local economy and enhance connections from Portugal's secondary cities.

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