At Lufthansa appetite
German airline was played is ready to absorption
the European market of aviatransportations main recesses wait. German Lufthansa declared purchase of Belgian air carrier Brussels Airlines. The transaction will pass in two stages. At first Lufthansa will get 45 % of actions Brussels Airlines for 65 million euro, and in two years - other package. The total price will depend on change of cost of the Belgian company and, according to Lufthansa, will not exceed 250 million euro. Thus Brussels Airlines remains the independent company within the limits of German concern. Appetites of Lufthansa are not limited to purchase of the Belgian company.
the head of Lufthansa Wolfgang Majrhuber is adjusted optimistically and considers that “ partners perfectly approach each other “. Analysts of Uve Vajnrih from UBS and Jurgen Piper from Metzler, however, expect that in intermediate term prospect name Brussels Airlines can disappear from boards of air liners. Brussels Airlines in which 3 thousand persons work, last year has transported about 5,8 million passengers, mainly in Europe and to Africa. In Lufthansa in 2007 worked more than 100 thousand persons, and the company has carried out transportation almost 63 million passengers.
the German concern also is the favourite among applicants for the Austrian air carrier Austrian Airlines. 75 % of actions of the Austrian company will be sold almost, the rest remains in the property of the government of the country. As to a network of airline and the sizes the Austrians and Belgians are not necessary to German aviaconcern, the expert on aircraft Markus Frank from Oliver Wyman considers. It is a question only of strengthening the positions in competitive struggle, including against Air France - KLM.
In the meantime the government of Norway has ceased to resist to sale of its share in airline SAS. Minister Silvija Brustad has informed that the government “ will carefully consider “ The possible offer in connection with necessity of changes for airline. To Norway and Denmark belongs on 14,3 % of actions SAS, and Sweden - 21,4 %. One of applicants can become Lufthansa. The Danish trade unions, on - visible, have ceased to object to privatisation SAS. The government of Sweden also does not intend to resist to sale SAS. Analysts in Stockholm estimate airline cost in 1,29 mlrd euro. The German airline, however, has refused to make comments on hearings about the interest to the Scandinavian air carrier.
in opinion g - on Vajnriha, in itself acquisition SAS not too on a hand to Germans. These two airlines so closely co-operate that their association hardly will create additional effect of a synergy. Interesting to Lufthansa can become only 20 - the percentage share holding Airline British Midland belonging to Scandinavians. The German carrier already owns 30 % of actions of the British airline and, according to branch experts, wants to get majority package Airline British Midland - mainly from - for the rights to take off and landing at the London Heathrow airport. G - n Frank, however, has underlined that Lufthansa “ is not engaged in shopping in a fever “. As he said, the airline easy and patiently investigates market possibilities. “ where possibility is given and frame conditions approach, there the head of Lufthansa Wolfgang Majrhuber makes acquisitions “.