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#534141

FaroFlyer
Participant

Mr Michael. Fully understand that Air France, Lufthansa, Iberia are in similar positions.
The difference with TAP, and hence the Cyprus analogy, is that TAP is State owned and supported, and does not have strong leadership.
TAP management know that they will be replaced if TAP survives, and becomes private, so have no incentive to manage the business well, and enable a sale or privatisation.