Lufthansa

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Lufthansa is looking at forming an alliance involving bmi and Virgin Atlantic

Lufthansa sees bmi as weapon in BA battle

Lufthansa is looking at forming an alliance involving bmi and Virgin Atlantic to take on the proposed powerhouse combination of British Airways and American Airlines.

It emerged yesterday that Lufthansa was in talks to buy SAS, the struggling Scandinavian airline, which owns 20 per cent of bmi. Lufthansa already owns 30 per cent of bmi, minus one share, and has an option to take full control of the airline this autumn. Shares in SAS were suspended yesterday after climbing 11.2 per cent following reports that it was in talks with Lufthansa.

Lufthansa sees bmi as weapon in BA battle - Times Online