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Lufthansa to buy 44.9% of TAP Air Portugal

PRIVATEOct 14, 2026

Acquiring Company

Lufthansa :

Acquired Company

TAP Air Portugal

GermanyTransportationLeisureTravelAir Transportationairlines/aviation

Description

Lufthansa is acquiring a 44.9 percent stake in TAP Air Portugal for 1.2 billion euros. This deal aims to privatize the airline and follows the acquisition attempts by other companies. The Portuguese government will still maintain a majority share and has set aside 5 percent for employees. The completion of the deal is subject to approval by European Union regulators.

Company Information

Company

Lufthansa :

Location

Germany

About

Lufthansa is a German airline and the largest airline in Europe. It operates services to 18 domestic destinations and 197 international destinations in 78 countries across Africa, the Americas, Asia, and Europe. The airline's fleet consists of over 250 aircraft and its main hub is located at Frankfurt Airport.

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Frequently asked

Who acquired TAP Air Portugal?

TAP Air Portugal was acquired by Lufthansa :, based in Germany. The deal was reported on October 14, 2026. Lufthansa is a German airline and the largest airline in Europe. It operates services to 18 domestic destinations and 197 international destinations in 78 countries across Africa, the Americas, Asia, and Europe. Lufthansa : is privately held and operates in Transportation.

When did Lufthansa : acquire TAP Air Portugal?

Lufthansa :'s acquisition of TAP Air Portugal was reported on October 14, 2026. Lufthansa is acquiring a 44.9 percent stake in TAP Air Portugal for 1.2 billion euros. This deal aims to privatize the airline and follows the acquisition attempts by other companies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TAP Air Portugal do?

TAP Air Portugal, officially known as Transportes Aéreos Portugueses, is the national airline of Portugal, established in 1945. Headquartered in Lisbon, it serves as the country's principal airline, connecting Europe, Africa, and the Americas. It is privately held, operating in airlines/aviation.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.