European commission questions Lufthansa takeover of Brussels Airlines

The European Commission has opened an in-depth investigation into Lufthansa‘s planned acquisition of Brussels Airlines. Lufthansa has agreed to buy a 45% stake in Brussels Airlines parent company SN Airholding SA/NV for EUR65 million, with an option to later acquire the remaining 55%. The Commission is concerned that the takeover would result in monopolies on several routes from Belgium to Germany and Switzerland, and found Lufthansa’s proposed remedies inadequate. A final decision is due by 10 June.

Recent news items on Brussels Airlines:

Leave a comment

Your email address will not be published. Required fields are marked *