Lufthansa buys into US
17-Dec-2007 : LUFTHANSA will buy a 19 per cent stake in US airline JetBlue Airways in a deal worth US$300 million.
It is the first time a European carrier has invested in a US point-to-point airline.
The deal has the potential to bolster trans-Atlantic operations for Lufthansa.
JetBlue chief executive Dave Barger said the deal is “simply a financial transaction” at present.
http://www.aircargonews.net/article.asp?art_id=2916
A response to Virgin America?