Lufthansa and IAG Consider TAP Bid After Air France Interest

Deutsche Lufthansa AG and IAG SA plan to submit expressions of interest in Portugal’s TAP SA in the coming days, according to people familiar with the matter, joining Air France-KLM in the bidding process for part of the state-owned carrier.

Lufthansa and British Airways owner IAG will submit their official expressions of interest to the Portuguese government by the Nov. 22 deadline, said the people, who asked not to be identified because the matter isn’t public. They didn’t provide details about the contents of the letters.