Originally Posted by
UA Fan
More interesting stuff:
"It is also looking at taking stakes in or ownership of Alitalia; LOT, a Polish carrier, and Austrian Airlines "
I don't think that the AZ option is going to play out. They were talking about it a lot off an on while AZ was busy going out of business, but at this point I believe that LH has (smartly) walked away. In the meantime, LH has announced plans to base 6 planes at MXP as AZ scales back there. Way easier and more efficient than buying AZ.
Originally Posted by
Mimi Imferst
Would LH have made this investment in B6 now had they not earlier? Not sure.
I think that the main impetus for it was the fact that LH saw the B6 stake available at a great discount - it was pretty cheap - and they saw potential for B6 to be successful and be a solid return on the investment. Plus B6 was pretty desperate for the cash. I don't know how B6 would appear to LH now, but I'm guessing that LH still would make the move. That seems to be the way they are playing things these days - very, very aggressively.