🏛️✈️ Socialists call for safeguards in TAP privatization process

Oneliner

The Socialist Party (PS) is urging for safeguards in the privatization of TAP Air Portugal, with Secretary-General José Luís Carneiro requesting a meeting with Prime Minister Luís Montenegro. Concerns have been raised about potential bidders acquiring a majority stake and the impact on TAP's strategic role as a Lisbon hub. Carneiro emphasized the need for transparency and accountability, particularly regarding the €3.2 billion invested by the State during the pandemic. Air France-KLM is expected to submit a bid soon.

Key points

• José Luís Carneiro requests a meeting with Prime Minister Luís Montenegro to discuss TAP's privatization.
• Concerns raised about potential majority stake acquisition by bidders and the impact on Lisbon's hub.
• Carneiro emphasizes TAP's strategic role in connecting Portugal globally and safeguarding national interests.

Links

• Público: PS preocupado com perda de maioria na TAP e hub de Lisboa pede reunião a Montenegro
• Diário de Notícias: Carneiro defende papel estratégico da TAP e alerta para riscos na privatização

Facts

• The deadline for expressions of interest in TAP's partial privatization is 25 November 2025.
• José Luís Carneiro sent a letter to Prime Minister Luís Montenegro requesting a meeting regarding TAP's privatization.
• Air France-KLM is expected to formalize a bid for TAP in the coming weeks.
• The State invested €3.2 billion in TAP during the pandemic.

Quotes

• For the sake of the national interest, we need to ensure that the privatization process is transparent and that the strategic role of TAP is preserved. — José Luís Carneiro
• TAP must continue to fulfil its strategic role as a link between Europe and the American, African, and Asian continents. — José Luís Carneiro

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