German-foreign-policy.com
Newsletter 2009/01/14 - Struggle for Aeronautics Leadership
COLOGNE/ROME (Own report) - With a series of significant company takeovers, the German Lufthansa and its rival Air France-KLM are continuing to pursue their struggle for leadership in the European aeronautics branch. Following Lufthansa's purchase of the Austrian AUA Airlines, Air France-KLM secured, yesterday, its merger with Alitalia, acquiring one fourth of the shares, and the option to buy more. The two rival core European aeronautics enterprises are also in
competition for the Scandinavian Airlines (SAS) and are closely observing the developments in the on-going negotiations of the Spanish Iberia Airlines and British Airways, for a fusion. The rivalry, which appears to have become more intense this year, is impelling Lufthansa, in spite of its defeat in the competition for Alitalia, to try to gain ground in Italy, where it founded a subsidiary and is seeking to expand - particularly in the north of the country. There it is banking on the regionalist forces in the wealthy Lombardy region and is being supported by the political arm, the right-wing Lega Nord Party.
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