Finance / Austria
Lufthansa Wisely Takes Advantage Of Distressed Airlines
December 2008 | M&A News AlertDeutsche Lufthansa announced on December 5 that it has agreed a deal which will make it Europe's largest airline. Lufthansa is taking advantage of Europe's floundering airline industry by pursuing numerous acquisitions, including Brussels Airlines, bmi, and Eurowings, and is competing with Air France for an alliance with Alitalia.
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