Brazilian airline TAM interested in privatisation of TAP Air Portugal

25 April 2011

Sao Paulo, Brazil, 25 April – The chief executive of Brazilian airline TAM, Marco António Bologna, said in an interview with Brazilian newspaper, O Globo that the airline was interested in the privatisation of TAP Air Portugal.

“Bologna told ‘Globo’ of his interest in the privatisation of TAP, the acquisition, in two months, of a third of regional airline Trip and an interest in entering into the airport concession business,” the newspaper said.

According to the newspaper, the chief executive of TAM said that his airline was following the possible sale of the Portuguese air carrier.

At the beginning of March, TAM denied it was interested in taking a stake in TAP Air Portugal, thus joining Gol Transportes Aéreos, which had announced the same thing the week before. (macauhub)