Lisbon, Nov. 6, 2025 (Lusa) - Air France-KLM will formalise its expression of interest in buying TAP in the coming weeks, by the end of November, the company's chief executive officer (CEO) Benjamin Smith confirmed on Thursday.

The information was provided by the executive chairman of the Franco-Dutch aviation group during the press conference to present the 3rd quarter results, released today.

"We will present our formal letter of expression of interest at the end of this month," said CEO Benjamin Smith.

Those interested in buying the Portuguese carrier have until 16:59 on 22 November (mainland Portugal time) to submit the declaration of expression of interest and compliance with the admission criteria to Parpública, the manager of state holdings in public companies.

Asked if the group has been in contact with the Portuguese government or other authorities recently, the CEO said that "this has not happened to date".

"We hope that [the expression of interest] will start an official process, in which we will begin to meet with the main interested parties, including the government," he clarified.

Asked if, from his perspective, the sale process is going well, the CEO said it was "too early" to answer, noting that "in the next two months" he would be in a position to do so.

PCT/ADB // ADB.

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