Lufthansa In Talks With SAS Over Its 20% Stake In BMI - CFO
July 30 2009 - 4:33AM
Dow Jones News
German airline Deutsche Lufthansa AG (LHA.XE) is in talks with
SAS AB (SAS.SK) over the Scandinavian carrier's 20% stake in
British Midland Airways, known as bmi, Chief Financial Officer
Stephan Gemkow said Thursday.
In a conference call to journalists, Gemkow added, however, that
no decision has yet been made in the talks with SAS.
Lufthansa recently raised its stake in bmi, which has over 11%
of all take-off and landing rights at London Heathrow, Europe's
largest airport, to 80%.
Company Web site: www.lufthansa-financials.com
-By Jan Hromadko, Dow Jones Newswires; +49 69 29 725 503;
jan.hromadko@dowjones.com