Lufthansa pulls the trigger on Brussels Airlines acquisition

Lufthansa announced that it will move forward on its anticipated takeover of Brussels Airlines. A notice from the Lufthansa Group posted yesterday stated that the German carrier planned to acquire the remaining 55 percent of shares it does not already own and wrap up the deal “at the beginning of 2017.”
Lufthansa’s pithy release has raised media and industry speculation regarding the future of the Brussels Airlines brand and its role in the former’s efforts to expand its low-cost airline Euro…

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Source: aircargoworld