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Thread: First steps of consolidation in Germany
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Old Feb 17, 2006 | 5:24 am
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Rambuster
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Originally Posted by Threy
Although the rumours that LTU might be taken over by Air Berlin were popping up again and again during the last year, DBA was finally brave enough to take over cash bleeding LTU.

It will be interesting to see how this move effects the status of Condor.

http://www.spiegel.de/wirtschaft/0,1518,401428,00.html

Story in German only...
The question is: How to sop the cash bleeding ?
Only this week DBA got a new share holder and a cash injection. I guess they must have a cunning plan!
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