Hi all,
Just read on Yahoo news : "German carrier Lufthansa has its eyes on more acquisitions after its takeover of Swiss International Air Lines last month, Lufthansa's chief financial officer Karl-Ludwig Kley has told the German press."
Link to the full article :
http://news.yahoo.com/news?tmpl=story&u ... ansportair
Any idea about who will be the next in line ?
Greetings,
Leopold
Lufthansa : who's next in line ?
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I don't think that it is Austrian, because they are already tight within the Star Alliance. Swiss was not, so that is the reason they merged them. With that merger Lufthansa has a lot of influence in Switzerland, and because of the Star Alliance they also have influence in Austria.
I could see them entering (European) markets where the Star Alliance is not represented in a big way, so maybe Greece, the UK, France or Spain. Maybe North Africa or the Middle East are also options?
I could see them entering (European) markets where the Star Alliance is not represented in a big way, so maybe Greece, the UK, France or Spain. Maybe North Africa or the Middle East are also options?
Re: LUFTHANSA : who's next in line ?
Austrian, as suggested by blackhak, and SASleopoldm wrote:Any idea about who will be the next in line ?
André
ex Sabena #26567
ex Sabena #26567
They also could put an eye on Aerolinas Argentinas put up for sale and make a southamerican hub.
In France ,Star is under-represented but basically there are no major french regional airlines up for sale ( exept maybe Airlinair ,a ATR 42 operator )All regionals are run by AF.
Greece could be an opportunity but the greek market is relatively small.
A stake in United could make sense ...
In France ,Star is under-represented but basically there are no major french regional airlines up for sale ( exept maybe Airlinair ,a ATR 42 operator )All regionals are run by AF.
Greece could be an opportunity but the greek market is relatively small.
A stake in United could make sense ...
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Re: LUFTHANSA : who's next in line ?
Nothing for sale in the Benelux soon?sn26567 wrote:Austrian, as suggested by blackhawk, and SASleopoldm wrote:Any idea about who will be the next in line ?
DHL is big % LH. How much of Hong Kong Air?
Cargolux is big % LH.
Korean number 2 wants to become number 1 cargo, that is now LH.
Aviation is not only pax...
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Your question is quite difficult to answer. Basically, since Germany is within the EU, LH can take 100% stake in any EU carrier. But there are some rules to respect, LH have to give a chance to her competitors (thanks for the customers...) so even the US are involved (at least on transatlantic flights).
Hope it helps, perhaps someone can provides further info?
Regards
Seb.
Hope it helps, perhaps someone can provides further info?
Regards
Seb.
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