Lufthansa to acquire balance of Brussels Airlines

German flag-carrier Lufthansa has confirmed that it intends to exercise its call option to acquire the remaining 55% of shares in SN Airholding, parent company of Lufthansa Group member Brussels Airlines, that it doesn’t currently hold.
SN Airholding is a Belgian holding consisting of over 30 shareholders concentrated on the air transport sector. The holding is made up of a range of companies, financial institutions and investment groups.
The acquisition is expected to be completed at the beginning of 2017.
Brussels Airlines operates a fleet of regional aircraft, Airbus 319/320 Family aircraft and widebody A330s.
Yesterday (September 27), Brussels Airlines confirmed that on March 31 next year it will begin flying to the Armenian capital of Yerevan, further expanding its network that has expanded in recent times to include other locations such as Toronto, Canada.
Brussels Airlines is also to inaugurate services to Mumbai in March next year, forming its first link to an Asian destination.
The carrier will fly A330 equipment to the Indian city’s Chhatrapati Shivaji airport five times a week.

Share this story

Related Topics

Latest airlines news

WFS strikes DHL cargo deal in France

DHL Aviation has signed a new multi-year contract with Worldwide Flight Services (WFS) to manage freight at its airport stations…

Read More

Share this story

AAPA: February Asia air cargo demand up 10%

Air cargo demand in Asia grew in February “as a result of business and e-commerce activity” said the Association of…

Read More

Share this story

Delta Cargo expands partnership with WebCargo

Delta Cargo has expanded its offering on online booking platform WebCargo by Freightos to include more destinations and products. The…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.