Austria's Laudamotion in cooperation deal with Lufthansa [Reuters]
DEUTSCHE LUFTHANSA S/ADR (DLAKY)
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Source: Reuters
Austria's Laudamotion in cooperation deal with Lufthansa | Reuters Reuters Staff 1 Min Read VIENNA (Reuters) - Austrian airline Laudamotion will provide up to eight crewed aircraft to Lufthansa’s ( LHAG.DE ) low-cost carrier Eurowings until the end of May, it said on Friday. Lufthansa had planned to grow Eurowings by buying failed Air Berlin’s Niki and LGW units but scrapped the Niki purchase after the European Commission indicated it would veto the deal. Niki was instead bought by its founder Niki Lauda, who rebranded it as Laudamotion. “Laudamotion and Eurowings will evaluate a possible cooperation beyond that date in the coming weeks,” Laudamotion said in a statement. Reporting by Kirsti Knolle; Editing by David Goodman All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved.
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