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Lufthansa reportedly interested in Iberia

23 February 2007

Spain’s Iberia is a takeover target from Germany’s Lufthansa according to a report in the French economic daily newspaper La Tribune.

It said Lufthansa has opened discussions – but not negotiations – on possibly buying a key stake. Iberia has denied the report and Lufthansa refused to comment.

Such a tie up would create an airline carrying carry 100 million passengers annually, bigger than the current European number one – Air France-KLM with 70 million.

source: Euronews.net

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