My mileage has varied then, as they nor their website are allowing over 80k (inclusive of buying 20k for oneself), at any rate - don't want to drag thread OT.
Back to the original topic I read elsewhere that SAS is putting up for sale it's stakes in spanair and bmi. I guess LH will have total ownership of bmi soon enough = more drastic changes faster.
Back to the original topic I read elsewhere that SAS is putting up for sale it's stakes in spanair and bmi. I guess LH will have total ownership of bmi soon enough = more drastic changes faster.
But they still do not have regulatory approval from the EU as far as I'm aware, so nothing drastic will really happen until that, I would guess. (... hope!!)
Well, not really... As long as LH hold more than 75%, the company's basically theirs as far as operation of the business amd decision making is concerned.
There's control and there's control. At less than 100% they have to do stuff because they have a minority shareholder in bmi. At 100% they don't have to worry about it at all.
[QUOTE=Kiwi;83039]There's control and there's control. [QUOTE]
Oh yeah.... an example is Indonesia's law on minority stakeholders. Own less than 98% you can't do stuff like making a share offering, or delisting - without the permission of the small guys.
Lufthansa and Brussels Airlines announced reciprocal lounge access and baggage check-through. The carriers said a codeshare agreement covering "large parts" of their networks "is also envisaged," in addition to the pooling of LH, SN and Swiss International Air Lines loyalty programs.
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