Portuguese Prime Minister Luis Montenegro (C-L) greets Lufthansa Executive President Carsten Spohr (C-R) after the signing of the contract for the partial privatization of the airline TAP Air Portugal, between the Portuguese state and the Lufthansa Group at TAP airline headquarters in Lisbon on November 3, 2026. (Photo by PATRICIA DE MELO MOREIRA / AFP via Getty Images)

Lufthansa's Executive President Carsten Spohr speaks after the signing of the contract for the partial privatization of the airline TAP Air Portugal, between the Portuguese state and the Lufthansa Group at TAP airline headquarters in Lisbon on November 3, 2026. (Photo by PATRICIA DE MELO MOREIRA / AFP via Getty Images)

Lufthansa's Executive President Carsten Spohr speaks after the signing of the contract for the partial privatization of the airline TAP Air Portugal, between the Portuguese state and the Lufthansa Group at TAP airline headquarters in Lisbon on November 3, 2026. (Photo by PATRICIA DE MELO MOREIRA / AFP via Getty Images)

Lufthansa's Executive President Carsten Spohr speaks after the signing of the contract for the partial privatization of the airline TAP Air Portugal, between the Portuguese state and the Lufthansa Group at TAP airline headquarters in Lisbon on November 3, 2026. (Photo by PATRICIA DE MELO MOREIRA / AFP via Getty Images)

Lufthansa's Executive President Carsten Spohr speaks after the signing of the contract for the partial privatization of the airline TAP Air Portugal, between the Portuguese state and the Lufthansa Group at TAP airline headquarters in Lisbon on November 3, 2026. (Photo by PATRICIA DE MELO MOREIRA / AFP via Getty Images)

Lufthansa's Executive President Carsten Spohr speaks after the signing of the contract for the partial privatization of the airline TAP Air Portugal, between the Portuguese state and the Lufthansa Group at TAP airline headquarters in Lisbon on November 3, 2026. (Photo by PATRICIA DE MELO MOREIRA / AFP via Getty Images)

Lufthansa's Executive President Carsten Spohr speaks after the signing of the contract for the partial privatization of the airline TAP Air Portugal, between the Portuguese state and the Lufthansa Group at TAP airline headquarters in Lisbon on November 3, 2026. (Photo by PATRICIA DE MELO MOREIRA / AFP via Getty Images)

Portuguese Prime Minister Luis Montenegro speaks after the signing of the contract for the partial privatization of the airline TAP Air Portugal, between the Portuguese state and the Lufthansa Group at TAP airline headquarters in Lisbon on November 3, 2026. (Photo by PATRICIA DE MELO MOREIRA / AFP via Getty Images)