It’s all happening in Europe

Consolidation activity appears to be hotting up in Europe. The latest is that Lufthansa has decided to put its fingers in more pies with a plan to acquire a 45% stake in Brussels Airlines parent SN Airholding.

The German carrier also confirmed to Airline Business sister publication Air Transport Intelligence recently that it is interested in the available stake in Austrian Airlines. Lufthansa has already acquired Swiss and appears to be intent on spreading its wings further to solidify its position as a European heavyweight.

Meanwhile, the future of Alitalia could also finally become clear later today with the Italian government set to make an announcement on a re-launch of the beleaguered carrier. The big question is, will Air France-KLM still want a piece of the pie?

, , , , , ,

Leave a Reply