Lufthansa (Frankfurt) continues its shopping spree with its available cash looking for airline bargains. It is negotiating to acquire a 51 percent share of LOT Polish Airlines (Warsaw). It will apparently not settle for less than a majority share of the Polish flag carrier. The last time LOT was sold was to Swissair (Zurich) which later went bankrupt (the SR receiver still controls 25.1 percent of the LOT shares).
Now Now, Lot was trying to expand its wings, but under LH, they will be just another small operator....