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Air France-KLM interested in Portugal's TAP, says Smith

Reuters
·1-min read

PARIS (Reuters) - Air France-KLM Chief Executive Ben Smith on Friday reiterated that the airline was interested in Portugal's soon to be privatised TAP, noting the carrier's strong position in Brazil.

"We find (TAP's) network into Brazil extremely powerful for us," he told a media conference.

The Portuguese government, which owns TAP, has said it is considering an outright or partial sale of the business.

Lufthansa, Air France-KLM and British Airways owner IAG are among potential buyers, analysts say.

TAP posted a rare net profit in the third quarter of 2022.

(Reporting by Joanna Plucinska; Writing by Benoit Van Overstraeten; Editing by David Goodman)