{
  "id": 14671754,
  "title": "Luftverkehr: Lufthansa erwartet bei Tap-Einstieg schnelle Erfolge",
  "url": "https://urgent.news/2026/10/15/luftverkehr-lufthansa-erwartet-bei-tap-einstieg-schnelle-erfolge",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-15T10:13:47.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/politik/deutschland/luftverkehr-lufthansa-erwartet-bei-tap-einstieg-schnelle-erfolge/100262527.html"
  },
  "original_language": "de",
  "account": "Frankfurt - Lufthansa anticipates significant benefits from its stake in Portuguese carrier Tap, according to the airline's chief executive Carsten Spohr and finance chief Till Streichert, who spoke to analysts via an online conference. The duo stated that annual synergies could amount to up to 450 million euros, achievable in the first full year post-acquisition, even before Lufthansa secures a majority share in Tap. Moreover, the German conglomerate plans to assume operational control of Tap and designate the CEO position for the minority shareholder.\n\nPortugal's government recently awarded Lufthansa a partial ownership stake in Tap, beating out French-Dutch rival Air France-KLM, which had secured a majority stake in Scandinavian carrier SAS. Lufthansa secured around 45 percent of Tap's shares, with up to 5 percent set aside for Tap employees, potentially transferring to the German carrier at a cost of 1.2 billion euros. The Portuguese state retains a majority holding of over 50 percent.\n\nLufthansa values Tap's Latin American routes, projecting the partnership to bring the German carrier to roughly 20 percent market share on the route, equaling British Airways' IAG, which holds a strong presence via its Spanish subsidiary Iberia. Lufthansa previously acquired a 41 percent stake in Italy's Air One and has options to increase its share to 90 percent next year. The German group also includes former state airlines from Switzerland, Austria, and Belgium, Swiss, Austrian, and Brussels Airlines, as well as low-cost carrier Eurowings and vacation airlines Discover and Edelweiss.\n\nTap generated profits for the past four years, with Spohr expressing delight at acquiring a profitable airline, a rare occurrence in Lufthansa's acquisition history. However, in the first half of 2026, Tap posted a net loss of 99.2 million euros, primarily due to rising fuel costs. The carrier transported 8.2 million passengers, representing a 4.2 percent increase over the previous year.",
  "summary": "Der Einstieg bei der portugiesischen Tap soll sich für die Lufthansa schnell rechnen. Insbesondere die Verbindungen nach Lateinamerika stehen im Fokus.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}