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Lufthansa unlikely to buy out Brussels Airline this year

Lufthansa (LH) will most likely not buy the remaining 55% of Brussels Airlines (SN) this year, LH chairman and CEO Christoph Franz revealed.

Lufthansa (LH) will most likely not buy the remaining 55% of Brussels Airlines (SN) this year, LH chairman and CEO Christoph Franz revealed. Speaking to ATW at the lunch of the European Aviation Club in Brussels on Tuesday, Franz said: “Our strategic commitment [to SN] is clear, but we are not in a hurry to exercise our call option. We still have another two years to do so. At this point of time the priority is on our bottom line.” LH Group reported an adjusted operating ...

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