Stalled TAP privatization may resume next year

The intended privatization of Portuguese flag carrier TAP is to resume next year, according to Portuguese Minister of the Economy António Pires de Lima in an interview with local media. The currently state-owned airline has received “more than three” Expressions of Interest, and de Lima warned that the privatization process “would not likely be completed this year as previously hoped.” de Lima said: “We have seen in the last month, not one, not two, not three, but more than three Expressions Of Interest (EOI) in either the total or partial privatization [of TAP]. What Government should do is use the