Lufthansa takeover bid of Alitalia

[csurally]

Just heard a rumour that LH are planning a takeover of AZ.....Has anyone heard this and can give more details on this takeover bid.

[Re-Heat]

Untrue - fanciful rumours eminate from Rome on a daily basis in their desparation to find a solution to Alitalia's funding crisis. The financial press now ignore most of them.

[Jet22]

AZ,IB,BD how many others have they elged to have taken over or going to.

All these rumours lead to nothing i would imagine. I know LH are powerfull but i dont think there power is that big, to let them take over nearlly all of the airlines that have been mentioned for takeover by rumours.

[ATNotts]

Preferably close Alitalia down. The Italian government has for years been pumping state aid (probably illegally under EU law) into Alitalia. This just skews the market, and gives the employees a sense of invincibility - hence the never ending rounds of strikes by all quarters of the airline.

A new smaller, leaner carrier would surely rise phoenix like from the ashes, standing on it's own two feet, like most of the other major European carriers (BA, LH, IB for example). The problem is Italy won't face up to economic realities.

[INKJET]

It would be good!! after all the Germans and Italians have a history of working together

[sevenforeseven]

:DINKJET, Your right. Ha Ha.:ok:

[His dudeness]

" Why not? It would be good!! after all the Germans and Italians have a history of working together"

Yeah and since DLH has more than one strike going on this year (first ground/mx staff, now pilots, F/A`s will most likely be next this winter) they share a common company culture....

[Seljuk22]

I'm dreaming: LH/LX/OS/AZ would be great against AF/KL and BA/IB.