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Portugal: towards privatization of TAP carrier

The Government plans to sell at least 51%, but will evaluate proposals

The privatization of the national carrier Transportes Aéreos Portugueses (Tap) comes to life. The Government plans to sell at least 51% of the airline's capital, but in recent hours it has made it known that it will decide the precise size of the stake to be sold only after the competitors present their proposals. It emerged in parliament yesterday."It is one of the last independent flag carriers,...

Gic - 1254429

AVIONEWS - World Aeronautical Press Agency
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