Green light for Lufthansa-Brussels Airlines deal

Monday, 23 Jun, 2009 0

The European Commission has given the regulatory thumbs up to a partnership between Lufthansa and Brussels Airlines.

The approval paves the way for the German carrier to acquire an initial 45% stake in the Belgian carrier’s parent company by the end of the month.
 
Lufthansa also has the option to buy the remaining 55% stake from April 2011. 
 
The move came the day that a Lufthansa-backed UK holding company moved to increase its shareholding in Bmi (see separate TravelMole story).
 
Harmonised flight schedules leading to improved connections at Frankfurt, Munich, Zurich and Brussels hubs are planned between Lufthansa and Brussels Airlines together with unspecified synergies.
 
Brussels Airlines operates 51 aircraft on a network covering 70 destinations in Europe and Africa. The airline employs 3,000 staff.
 
by Phil Davies


 

profileimage

Phil Davies



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...