23 June 2009

Settlement of dispute between Lufthansa and Sir Michael Bishop

Sir Michael Bishop and Deutsche Lufthansa AG have reached an out-of-court settlement of their dispute over the satisfaction of the conditions precedent in relation to a put option over the 50% plus 1 share in British Midland PLC (bmi). Under the terms of the compromise settlement, Sir Michael Bishop agrees that specific performance of the

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European Commission approves tie-up between Lufthansa and Brussels Airlines

Green light for Lufthansa and Brussels Airlines: the European Commission has granted regulatory approval for the tie-up of the two airlines. The decision paves the way for Lufthansa to acquire an initial 45% stake in SN Airholding SA/NV, the parent company of Brussels Airlines. Clearance from the EU competition authority will also give Lufthansa an

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Panasonic Avionics In-Flight Entertainment System installed on 6,000th Boeing 737

Panasonic Avionics Corporation announced that its Multiplexed Passenger Entertainment System (MPES) IFE system was installed on the 6,000th Boeing 737 to enter into service. The aircraft was delivered to International Lease Finance Corp and will be leased to Norwegian Air Shuttle ASA (Norwegian), the second largest airline in Scandinavia.

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