Brussels Airlines taken over by Lufthansa

Lufthansa has taken over Brussels Airlines acquiring the remaining 55 per cent of the shares at a cost of 2.6 million euros ($2.7 million). Brussels Airlines will be fully integrated into the Lufthansa Group in 2018 joining the Eurowings Group, which Lufthansa says will strengthen its market position. Lufthansa had acquired a 45 per cent […]

Lufthansa board approves full acquisition of Brussels Airlines

The Lufthansa supervisory board has given the green light to the purchase of the remaining 55 per cent of SN Airholding – the parent company of Brussels Airlines. This full acquisition will be acquired through an exercise of call option and the German carrier says the transaction will be concluded at the beginning of 2017. The board of Lufthansa gave the thumbs […]