Airline

IAG drops TAP bid as Lufthansa and Air France-KLM press on

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IAG drops TAP bid as Lufthansa and Air France-KLM press on

IAG has withdrawn from the bidding process for a stake in TAP Air Portugal, leaving Lufthansa Group and Air France-KLM as the remaining contenders, according to Reuters.   The Portuguese authorities had invited the three airlines to bid for share of the airline. However, ahead of the April 2 dead...

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