Portugal Asks Opposition Parties to Back Sale of Remaining TAP Stake to Lufthansa

06:11 AM EDT, 10/15/2026 (MT Newswires) -- The Portuguese government is again asking opposition parties to back the sale of the state's 50.1% stake in flag carrier TAP to Deutsche Lufthansa (LHA.F), the country's finance minister told public service broadcaster RTP. Finance Minister Joaquim Sarmento said the second phase of TAP's privatization would need approval from other parties, with some already declaring their opposition. A total privatization of TAP is planned by 2028.