IAG Likely to Abandon Pursuit of Portugal's Flag Carrier TAP
British Airways owner IAG is reportedly considering withdrawing its interest in Portugal's TAP. The group faces competition from rivals for the state carrier.
Xurve View
Xurve View
The International Airlines Group (IAG), the parent company of British Airways, is reportedly likely to abandon its pursuit of a stake in TAP Air Portugal, the national carrier of Portugal. According to sources familiar with the matter, the group may step back from the privatization process despite earlier indications of interest.
