Lufthansa wins TAP stake race. Lufthansa stock sits 31.00 percent below its high

Published on 10/15/2026 at 10:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Portugal selected Lufthansa for up to 49.9 percent of TAP at EUR 1.2 billion. Lufthansa stock costs EUR 7.10 on October 15, 2026, 0.71 percent above the Xetra close.

TAP decision shapes Lufthansa's next step

Portugal selected Lufthansa for a TAP stake of up to 49.9 percent on October 14, 2026.
Second-quarter revenue reached EUR 11.1 billion while adjusted EBIT fell to EUR 383 million.
Lufthansa stock trades at EUR 7.10 at 10:05 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.71 percent above the Xetra close of October 14, 2026.
Lufthansa's next interim report is scheduled for November 3, 2026.

Pop-Art-Comic mit Flugzeug über bunter Stadtsilhouette — Farbenfrohes Pop-Art-Comic mit Flugzeug über Skyline zeigt Dynamik der Deutsche Lufthansa AG, ISIN DE0008232125, Illustration mit AI erstellt.

Lufthansa stock (ISIN DE0008232125) was at EUR 7.10 at Lang & Schwarz on October 15, 2026, 31.00 percent below its 52-week high of EUR 10.29. Portugal selected Lufthansa for a stake of up to 49.9 percent in TAP Air Portugal, according to CNBC on October 14, 2026.

What does TAP add?

The Portuguese government chose Lufthansa over Air France-KLM for the strategic partnership. The planned purchase covers 44.9 percent for EUR 1.025 billion, with the total potentially reaching EUR 1.2 billion for 49.9 percent, according to Lufthansa Group. The transaction remains subject to regulatory approval, so the strategic gain precedes the final closing.

TAP gives Lufthansa additional access to Lisbon and routes linking Europe with Brazil, Portuguese-speaking Africa and North America. The financial test is material because Lufthansa reported EUR 11.1 billion of second-quarter revenue, up 8.00 percent year over year, but adjusted EBIT fell to EUR 383 million from EUR 870 million, according to Lufthansa Group on August 4, 2026.

Three dated steps for investors

On August 4, 2026, Lufthansa reported EUR 11.1 billion of second-quarter revenue and EUR 383 million of adjusted EBIT. On October 7, 2026, the company announced a March 5, 2027 publication date for its annual financial report through GlobeNewswire. On October 14, 2026, Portugal selected Lufthansa for the TAP stake, with the offer reaching EUR 1.2 billion.

Upcoming reporting dates

Lufthansa is scheduled to publish its third-quarter 2026 results on November 3, 2026, according to Finanztrends. The next annual financial report is due on March 5, 2027, as disclosed by GlobeNewswire.

Stock stays below its yearly high

Lufthansa's EUR 7.10 quote was 0.71 percent above the Xetra close of EUR 7.05 on October 14, 2026. The price was 31.00 percent below the 52-week high of EUR 10.29 and 5.65 percent above the low of EUR 6.72.

The stock was trading at EUR 7.10 at Lang & Schwarz on October 15, 2026, at 10:05 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Lufthansa stock.