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Lufthansa raised its share in British Midlands' capital
London, Uk - From 10% to just under 30%
Lufthansa, the main German air carrier, increased its share in the capital of the Uk's second larger airline, British Midlands, raising its stake from 10% to just under 30%. Despite this GBP 45m stock transfer, Uk's consortium BBW Partnership will still have a 50% plus one share stake, thus respecting regulations'requirements according to which majority ownership must be in British hands. (...
AVIONEWS - World Aeronautical Press Agency - 32268
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency