TAP Portugal refuted recent press reports that the proposed LATAM Airlines Group initiated discussions to take a stake in the state-owned airline to form a powerful transatlantic-Latin American conglomerate. “There has been no approach from LATAM,” a spokesperson told ATW, noting that the Portuguese government has not launched the carrier's privatization process . “There are indications pointing to the privatization launch due to happen in a near future, i.e., this ...

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