LISBON, Nov. 20 (Xinhua) -- German airline group Lufthansa formally submitted Thursday its interest in participating in TAP Air Portugal's reprivatization, delivering a letter to Parpublica, Portugal's state holding company.
The Portuguese government plans to sell up to 44.9 percent of the flag carrier's share capital, with 5 percent reserved for employees, in line with the country's Privatisation Law.
