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LTU hopes for a new majority shareholder
Frankfurt - The charter airline in difficulties after Swissair slowdown
German charter LTU, the second in Germany, declared that it hope to found, for June or July, a new majority shareholder, as it is in serious difficulties after the near-failing of Swissair. According to Gerd Bruse, Rewe financial director, the acquisition of the shares of the carrier would occur in the next months. Rewe owns 40% stake in LTU. (Gio/B)
AVIONEWS - World Aeronautical Press Agency - 24426
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency