skinny.

Latest / ExPlaned

TAP Air Portugal Is About To Stop Being Portuguese

Last year TAP Air Portugal made a profit of 4.1 million euros on revenue of 4.3 billion. Airlines with margins like that get wound up quietly. They do not get fought over.And yet on the 29th of July 2026, Lufthansa and Air France-KLM both filed binding offers for almost half of it.This is the whole story of Portugal's flag carrier. The general who founded it and the state that later turned on him. The Imperial Line that crossed two continents before TAP ever flew Lisbon to Porto. The Madeira runway Portugal knew was too short, five years before Flight 425. The Swissair rescue that went…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.