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Brussels Airlines

The carrier works to improve its balance between Europe and Africa as it awaits Lufthansa’s decision on full ownership.

In a couple of months, Brussels Airlines may join Swiss InternationalAir Lines, Austrian Airlines and bmi as a wholly owned subsidiary of Lufthansa Group. LH Group already holds 45% of the carrier’s parent company, SN Airholding. Remaining shareholders include Virgin Group (16.4%), Brussels Airport (4.2%), the Walloon region (4%) and some 30 Belgian companies and financial institutions. The September 2008 deal that brought Lufthansa in as SN’s largest shareholder provided ...

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