Europe

Lufthansa resumes flights to Tel Aviv, intends 19.9% stake in TAP Air

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Lufthansa resumes flights to Tel Aviv, intends 19.9% stake in TAP Air
Lufthansa will resume flights to Tel Aviv from September 5, it said in an update. Flights were suspended amid ongoing geopolitical conflicts and tensions in the Middle East. Flights to Beirut remain suspended up to September 30. Flights to Amman and Erbil were resumed August 27. In addition, Lufthansa CEO Carsten Spohr reportedly met with Portugal's government on September 2, 2024, to discuss a stake in the country's TAP Air airline. The airline has been seeking privatisation and its CEO Luis Rodrigues told Airline Economics in May 2024, that it would ""come before summer"". Italian daily newspaper Corriere della Sera reported Lufthansa was seeking a 19.9% stake in the airline, citing sources familiar with the matter. It follows after Lufthansa was given the greenlight by the European Commission to acquire a 41% stake in ITA Airways in July 2024. As the news emerged, TAP Air also launched a multi-destination campaign for destinations in Africa, Brazil, Canada, Mexico, the US, and Venezuela as well as across Europe from November through March next year.