Turkish Airlines Left as Sole Air Europa Bidder as Lufthansa Exits

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Lufthansa says that "after an analysis and negotiations", the German group decided not to proceed with the capital injection or with the shareholders' participation in the Air Europe.

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The German group Lufthansa has confirmed that it has ended the negotiations to enter the capital of the Spanish company Air Europa, confirmed this Tuesday a spokesman of the German firm to EFE, after last week the Franco-Dutch group Air France-KLM withdrew from the talks. Lufhansa's spokesman, Michael Lamberty, has pointed out that "after detailed and intense analyses, at the present time we have decided against a participation in Air Europa". I…

aviacionnews.com

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The French-Dutch air group confirmed its decision to withdraw from the possible sale of Air Europa. From the buyer group, they admitted that the negotiations were wrecked. “We were not able to reach an agreement with Globalia,” said a spokesman. The resignation frees the ground for the other interested groups: the British Hispanic IAG, the Lufthansa group and Turkish Airlines. [...]

Agenttravel.es

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The airline Lufthansa has announced that it abandons the negotiations to acquire a stake in Air Europe, which makes Turkish Airlines the only remaining option for the Spanish airline, after Air France-KLM also withdrew and the purchase operation was rejected from IAG. “After a thorough analysis and intense negotiations, we have decided, at this stage, not to continue with the capital contribution and shareholding in Air Europe,” said a spokesman…