Financial Times FT.com

Lufthansa gears up European expansion strategy

By Gerrit Wiesmann in Frankfurt

Published: August 28 2008 20:02 | Last updated: August 28 2008 20:02

Germany’s Lufthansa took the next steps on its mission to become one of Europe’s dominant scheduled carriers by pitching to take over Brussels Airlines and putting its low-cost carrier Germanwings up for a three-way merger.

The airline said it was in talks to buy 45 per cent of Brussels Airlines for €65m ($95.7m) and take an option to buy the remaining 55 per cent in 2010.

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