Showing posts with label TAP Portugal. Show all posts
Showing posts with label TAP Portugal. Show all posts

Thursday, October 15, 2026

Portuguese Communists condemn TAP privatization: “Lufthansa wins, Portugal loses”

The Portuguese Communist Party (PCP) has strongly condemned the government's decision to hand over a 49.9% stake in national airline TAP Air Portugal to German aviation giant Lufthansa, describing the move as a serious blow to Portugal's economy, national sovereignty and workers' rights.

In a statement issued on October 14, the PCP denounced the proposed €1.201 billion sale as an attack on national interests that can and must still be stopped. The Party criticized the secrecy surrounding the agreement, arguing that the public has been denied access to essential information about the company's valuation and the terms negotiated with Lufthansa.