Virgin sees 'logic' in closer relationship with Lufthansa

Source : ATW Daily

"Virgin Atlantic Airways President Richard Branson yesterday said that "talks will take place with Lufthansa, maybe are taking place, to see whether it makes sense for the two companies to work together," the Associated Press reported. "There is some logic in the two companies getting together," Branson said. Virgin has maintained interest in either a stake or cooperation with UK rival bmi (ATWOnline, Nov. 27), which Lufthansa will take over early next year (ATWOnline, Oct. 30). It also has been working to derail British Airways' tie-up with American Airlines and Iberia (ATWOnline, Nov. 27). "I would urge governments to beware of companies who use what is going to be a temporary financial crisis to try to bring about mergers that would be against the public interest," Branson said."


"Virgin, Lufthansa confirm talks"
"Virgin Atlantic Airways and Lufthansa confirmed discussions regarding future cooperation and the latter's impending takeover of bmi" Next.