Air France-KLM Secures $1.1B Credit for Strategic M&A
Air France-KLM signed a €1 billion revolving credit facility with 12 banks to support its ongoing acquisitions of SAS and TAP Air Portugal.
6 aviation articles tagged “TAP Air Portugal”
Air France-KLM signed a €1 billion revolving credit facility with 12 banks to support its ongoing acquisitions of SAS and TAP Air Portugal.
Italy's ANSV and the French BEA are investigating a TAP Air Portugal A320 tail strike that occurred during takeoff from Rome Fiumicino on May 19, 2026.
A nationwide general strike in Portugal on June 3 is expected to cause 500 flight cancellations and significant rail disruption across the country.
Air France-KLM may rebrand as 'The Blue Group' to better integrate new airlines as it raises its SAS stake to 60.5% and bids for TAP Air Portugal.
Lufthansa will increase its stake in ITA Airways to 90% for €325 million, accelerating European airline consolidation pending Q1 2027 approval.
Lufthansa and Air France-KLM submitted bids for a minority stake in TAP Air Portugal, while IAG withdrew, intensifying European airline consolidation.