Both the Portuguese Government and Lufthansa have acknowledged that the offer made for the complete acquisition of TAP Air Portugal is currently non-binding. This means neither party is legally obligated to proceed with the deal as it stands. The revenue generated from the sale of the current 49.9% stake in TAP Air Portugal covers less than 40% of the public financial injection the airline has received. This indicates a significant gap remains in recouping public funds invested in the Portuguese airline. Details regarding a binding agreement are yet to be negotiated and finalized. The future of TAP Air Portugal remains uncertain pending further developments in discussions with Lufthansa. The non-binding nature of the offer allows for continued negotiation and potential adjustments to the terms of the sale.