Lufthansa Sees Minimal TAP Network Overlap
Lufthansa CEO Carsten Spohr stated that his airline and TAP share limited flight network overlap ahead of the upcoming European antitrust review. The acquisition will position Lisbon as a key gateway for South Atlantic routes.
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DEUTSCHE LUFTHANSA-REG Chief Executive Carsten Spohr said flight network overlap with TAP is limited following a €1.2 billion acquisition bid. The European Commission faces an upcoming antitrust review of the deal. The purchase expands the airline's South American market share to 20%.
