Lufthansa, Europe’s second biggest airline, has said it will proceed with takeovers of Belgian and UK carriers by early next month after settling antitrust issue and transaction terms. Lufthansa aims to complete the purchase of 45 per cent of Brussels Airlines in June, and is sticking to plans for complete control by 2011, following European Union approval after the carriers agreed to scale back services on three German routes serving Brussels as well as Brussels-Zurich flights to … [Read more...] about EUROPE & CIS: Lufthansa proceeds with Belgian, BMI purchases

Lufthansa, Europe’s second biggest airline, has said it will proceed with takeovers of Belgian and UK carriers by early next month after settling antitrust issue and transaction terms. Lufthansa aims to complete the purchase of 45 per cent of Brussels Airlines in June, and is sticking to plans for complete control by 2011, following European Union approval after the carriers agreed to scale back services on three German routes serving Brussels as well as Brussels-Zurich flights to … [Read more...] about EUROPE & CIS: Lufthansa proceeds with Belgian, BMI purchases