YOU WONT BELIEVE: What does lufthansa gain from its eu1 2 billion tap air portugal deal and when - You Need To See This

Lufthansa's €1.2 billion winning bid for up to 49.9% of TAP Air Portugal could bring the German group around €450 million in yearly savings and extra revenue.

However, the Portuguese state's grip on the airline, drawn-out competition reviews and delays in integrating Italy's ITA Airways into the group indicate the benefits may be slow to materialise.