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View Full Version : Will Lufthansa Divest Its JetBlue Stake?


JSpira
03-30-2012, 08:10 PM
Some people may not even recall that LH owns a significant stake in JetBlue but that may not last:

Lufthansa Poised to Divest JetBlue Stake (http://www.frequentbusinesstraveler.com/2012/03/lufthansa-to-divest-jetblue-stake/)



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Lufthansa, which currently owns ca. 15.7% of JetBlue, announced plans to issue bonds that will be redeemable in shares of JetBlue Airways Corp., a move that has the potential to reduce Lufthansa’s stake in the U.S. airline to zero.
Lufthansa acquired a 19% stake in JetBlue in January 2009.
The airline is currently in the process of selling its U.K-based airline, British Midland or bmi, to International Con

[URL="http://www.frequentbusinesstraveler.com/2012/03/lufthansa-to-divest-jetblue-stake/"]http://www.frequentbusinesstraveler.com/wp-content/themes/arthemia-premium/scripts/timthumb.php?src=wp-content/uploads/2012/03/DSC_0408-300x199.jpg&w=150&h=150&zc=1&q=90 (http://www.frequentbusinesstraveler.com/author/paul-riegler/)