Francisco Calheiros: “TAP has been through everything and put up with everything”

Francisco Calheiros:

The president of the Confederation of Tourism of Portugal (CTP) assumes himself as “a TAPista”, a defender of the national airline, in privatization, which is decisive for tourism in Portugal and that “has passed” and “holding everything”.

© Global Images


26/09/2026
by

Lusa

“Declaration of interests: I am a TAPista. I'm a great advocate of TAP. TAP's been through everything. It's national, it's public, it's nationalized, it's renationalized. Hold everything. And it is crucial for tourism in Portugal. It has been decisive and has endured everything”He started by saying Francisco Calheiros.

 

In an interview with the Lusa Agency on the occasion of the World Tourism Day that is celebrated on Sunday, he recalled that he had preferred the privatization of TAP to be over 100% of the capital.

“ I think there are guarantees that could be in the near future”, he said, considering that “It’s very important for the buyer, in order to capture their synergies, to have a 100% TAP”.

The government announced at the beginning of September that it would start final negotiations with the two candidates who delivered binding offers for the purchase of 44.9% of TAP, Air France-KLM and Lufthansa.

Asked to comment on the process and the fact that he always argued that TAP should be handed over to strategic partners for financial investors, he admitted that two very important players are on the table.

“ When they ask me which one I prefer, I have no idea, because I had to know what plans they have for TAP. Now, that they are two very serious ‘players’, both Lufthansa and Air France-KLM, which I think will do TAP good, I think”, it did.

The person responsible justifies the fact that TAP is thus able to “enter a platform”.

“TAP proudly is just not possible. There are not just companies proudly from Europe and we will be placed on a platform with a purchasing power, whether from airplanes, fuel or insurance, which I think will benefit from much TAP.”, explained.

On 1 September, Parpublica submitted for analysis by the Government the report on the two binding offers for the privatisation of TAP, the process of which provides for the sale of up to 49.9% of the company's capital, of which 5% are reserved for employees, and the unsubscribed portion may be acquired by the selected investor under a preferential right.

CTP: “Health of tourism remains good”, but focus should change

The president of the Confederation of Tourism of Portugal says that the sector is healthy, but that, given the national and international conjuncture, it is time to stop having as priority the number of tourists and focus on creating value.

Lusa

logo_nacloset_285_285_4k_webp2
Privacy

This site uses cookies so that we can offer the best possible user experience. Cookies information is stored in your browser and perform functions such as recognizing it when you return to our website and helping our team understand which sections of the site you consider most interesting and useful.