JetBlue Founder Close to Giving Up TAP Stake as Portuguese Government Takes a Controlling Share

Kevin Hackert  /

A Tap Air Portugal Airbus A321 in Hamburg. The airline is closing in on a deal to give the government a controlling interest. Kevin Hackert /

Skift Take: Giving a controlling stake to the Portuguese government is the price TAP will likely pay for a bailout.

— Dennis Schaal

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