Lufthansa remains in negotiations to sell its 50% stake in tourism firm Thomas Cook, including leisure carrier Condor Airlines, to co-owner KarstadtQuelle. Lufthansa board member Stefan Lauer confirmed discussions but told journalists last week in Frankfurt that "they are a long way from being finished." The German retailer has been after LH's holding in Europe's second-largest tourism company for some time. The unit returned to profitability last year, but LH has said Cook is not a core ...
"Printer-friendly" 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? ATWPlus@penton.com.