Portugal is doing better than expected with its sale of airport management company ANA and airline TAP due later this year, according to treasury secretary Maria Luis Albuquerque.
"We believe that the (EUR€5.5 billion) goal will be surpassed with success," the treasury secretary told parliament.
"The prices we have been able to get have gone beyond analysts' best expectations. We are on track, sticking to the schedule and will privatise ANA and TAP this year," Albuquerque said.
The terms of TAP's privatisation offer will be approved by end-October.
ANA manages Portugal's main airports in the largest cities of Lisbon and Porto as well as in the southern regions of Algarve and Alentejo and in the Azores archipelago. Combined traffic last year exceeded 30 million passengers.
