EconomyWhat does Lufthansa gain from its €1.2 billion TAP Air Portugal deal, and when?
Lufthansa expects its €1.2 billion purchase of up to 49.9% of TAP Air Portugal to generate about €450 million in annual synergies. Portugal will retain control, while regulatory reviews and the slow progress of Lufthansa’s ITA Airways deal suggest the gains may take years to materialize.
What does Lufthansa gain from its €1.2 billion TAP Air Portugal deal, and when?