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Old 29th May 2008, 11:16 AM
Kurt A Kurt A is offline
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Default Virgin Atlantic and Lufthansa rumoured to be in merger talk

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Reports are coming in that Virgin Atlantic could be interested in a merger with Lufthansa if the German carrier secures control of BMI.

Lufthansa currently controls 30% of BMI, but is looking at possibly upping that to a majority stake; if this occurs Virgin Atlantic could be interested in merging with Lufthansa, with owner Richard Branson still holding a 51% share, reports financial news-source City AM.

“Virgin would be interested in linking up with Lufthansa if its deal with BMI goes through at the end of the year,” a City AM source familiar with both carriers had been reported saying.

“A three-way tie up between Virgin, Lufthansa and BMI would give all three firms a bigger presence at Heathrow, as well as a beefed up short-haul and long-haul networks.”
Lufthansa currently holds an option which would allow it to take control of BMI. It will cost the carrier GBP440 million to take up the offer
-eTravel
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Old 31st May 2008, 01:13 AM
Olle Q Olle Q is offline
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Rumours, are also that Lufthansa and SAS will merge, mainly due to the economical problems Scandinavian Airlines are having today.
So if Virgin Atlantic, Lufthansa and SAS will put their bags in the same lorry, what a strong Northern Euoropean company they´ll form.
But.. rumours are rumours.
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