Originally Posted by
HIDDY
LH are welcome to buy TAP. I don't see the IAG interest in them being a serious one despite my earlier tongue in cheek comment.
All they can offer IAG is lot of routes to Brazil mainly used by the leisure market and nowt much else.
That TAP is being offered to LH is quite understandable, since Portugal is one of the PIGS (financially speaking) and the company is one of the its few valuable assets that may be of some interest to the almighty german government. Another story is the willingness of the gangsters in Cologne to swallow it without provoking some afterthoughts in a usually tame EU antitrust (while if IAG is involved they would immediately start howling).
What exactly LH can offer more than IAG to TAP? I'd say not much more unless they wanna make Lisbon their exclusive hub for SA...