Originally Posted by
PsiFighter37
Is it possible LH is interested because TP is stronger in Latin America and might see some benefit to the connectivity? Having TP also gives them more optimal connections that don't require backtracking to a good chunk of Europe as well.
This might be the business rationale for purchasing.
With Delta taking a stake in LATAM (and moving it from oneworld to SkyTeam) and IAG going through the acquisition of UX (probably to compensate this loss of partnership with LATAM - and despite all the rumors of challenges that deal is facing), LH&UA are seeing in TP an opportunity to compete in the South America region (I believe Portugal and Brazil signed an agreement removing all airspace restrictions between both countries which might be an attractive element as well). The Africa element is probably just a good add-on.