Wednesday, May 16, 2012

Lufthansa Shows Interest in TAP

An article in yesterday's Financial Times reports that Lufthansa will look into acquiring Portuguese flag carrier TAP. See Andrew Parker & Ralph Atkins, Lufthansa Bid to Tap into LatAm Market, Financial Times, May 15, 2012 (available here). IAG has also made known its interest in TAP, which is valued by both larger carriers for its routes to Latin America.

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