Lufthansa, following its successful acquisition of a stake in ITA Airways, is reportedly in talks to acquire a 19.9% stake in TAP Air Portugal. This move signifies Lufthansa’s ambition to further solidify its dominance in the European aviation market and potentially unlock lucrative transatlantic routes. The acquisition could benefit travelers with more travel options, competitive pricing, and enhanced services.
The European vacuum packaging market is projected to experience significant growth from 2024 to 2028, driven by increasing demand for extended shelf life and improved food safety. This growth is fueled by the rising popularity of high-barrier packaging solutions, particularly biaxially oriented polyethylene terephthalate (BOPET) and ethylene-vinyl alcohol (EVOH) resins. However, challenges related to contamination and potential health risks associated with certain packaging materials remain concerns.
