(Il Sole 24 Ore Radiocor) - Milano, 2 apr - The Franco-Dutch airline group Air France-KLM said it has submitted a non-binding offer for TAP Air Portugal, which is in the process of being privatized.

Air France-KLM said it had submitted the non-binding offer for TAP to Parpublica, the Portuguese holding company that manages the government's equity stakes in companies, on April 2. "It confirms the group's unaltered, strong and continued interest in TAP," Air France-KLM added.

Financial details of the non-binding offer were not disclosed.

"Air France-KLM has a strong track record in nurturing and growing historic brands and aims to allow the airline to stay true to its Portuguese heritage while leveraging that distinctive identity on the global stage. This would reinforce TAP's sustainable growth and regional development, while also safeguarding the connectivity for Portuguese diaspora, in line with the requirements set forth by the Portuguese government," Air France-KLM said. "Air France-KLM also has extensive experience working alongside state shareholders and views such partnerships as a testament of.

aviation's strategic importance for a nation," it added.

(RADIOCOR) 02-04-26 12:17:30 (0303) 5 NNNN