Deutsche Lufthansa pushes back decision on takeover of Brussels Airlines

Lufthansa Wednesday said it has pushed back by at least 3 months a decision on whether to take over Brussels Airlines in the wake of last month’s terrorist attacks in the Belgian capital that disrupted flights there. Lufthansa already owns 45% of the Brussels Airlines parent and faced a deadline on whether to decide to acquire the remaining stake. Lufthansa said it had agreed with Brussels Airlines to extend the deadline to the end of August. Lufthansa CE Carsten Spohr said Brussels Airlines is focused on restoring operations to normal. “That is a major challenge under the current security provisions, and must now be the priority. And in view of this, we have agreed with Brussels Airlines to give ourselves a further 3 months to conclude our negotiations on the acquisition terms and devise the migration concept required,” Spohr said. <br/>