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Lufthansa purchased stakes in Fraport

Berlin, Germany - It intends to have 5 million shares in a short time

Lufthansa has purchased stakes in Fraport, Frankfurt International Airport operator: currently the carrier owns 4.5 million shares that are expected to become 5 million in the short term. "Our stake in Fraport is a strategic investment in our core business, which would allow us to influence the airport’s development and improve cooperation and quality" said Lufthansa Chief Executive Wolfgang Mayrhuber. A...

AVIONEWS - World Aeronautical Press Agency - 129968
Rome, Italy, 10/28/2005 18:17
AVIONEWS - World Aeronautical Press Agency

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