Lufthansa reportedly interested in Iberia
23 February 2007Spain’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