Lufthansa said it does not expect to complete original plans to increase its shareholding in bmi to 80% this month, Dow Jones reported. LH has not officially submitted a request to the EU for antitrust approval. It currently holds 30%-minus-one-share in bmi but plans to purchase an additional 50%-plus-one-share stake from bmi founder and Chairman Michael Bishop following the latter's decision last fall to exercise his sell option (ATWOnline, Oct. 30).

Subscribe to Access this Entire Article

"Other News - 01/13/2009" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.