Last month Lufthansa bought a 45% stake in Brussels Airlines, planning to take full control in 2011. It is also one of the three bidders for a 43% stake in Austrian Airlines. In addition, Lufthansa and SAS Group could be close to completing negotiations that would see SAS become part of the Lufthansa group of airlines. in 2009, 30% affilate BMI will be majority-owned by Lufthansa. And if that is not aggressive enough, Lufthansa is seen as one of the possible buyers of Alitalia Airlines.
If this all occurs, the Lufthansa group would be by far the world’s largest airline. The huge group would then operate about 1,100 aircraft with 41 billion Euros ($58 billion) in annual revenues. Even without Alitalia, the group would have nearly 1,000 aircraft in its fleet.
Lufthansa is certainly making an effort to acquire European airlines and reshape not only the airline’s future, but restructure the entire European airline industry as well.
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