Lufthansa still interested in acquisitions; main focus on organic growth |
|
|
|
Published
:
Wed, 18 Apr 2007 10:04
|
BERLIN, Germany (Thomson Financial) - Deutsche Lufthansa AG chief executive Wolfgang Mayrhuber said the airline is generally interested in making acquisitions if the right opportunity arises.The company 'is in the position to make acquisitions (such as) 'Swiss',' he said, but added that the flagship carrier wants to 'mainly grow organically'.Mayrhuber also reiterated that Lufthansa aims to exceed 1 bln eur operating profit in 2008 at the latest.In the past weeks, the market speculated that Lufthansa may want to take over Alitalia or Iberia.The company said in the past that Iberia is currently too expensive due to the high speculation on the market.patrizia.kokot@thomson.compk/mas/ambCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
|
|
|
|
|
|
|
| Stock
Quotes * |
|
NASDAQ
|
|
2792.28 |
22.57 (
0.81 %)
|
| SYMBOL (
2012-01-19 ) |
| LAST |
CHANGE
|
|
CARNIVAL
(
11:35am )
|
|
2017.00 |
46.00 (
2.42 %)
|
|
WHITBREAD
(
11:35am )
|
|
1662.99 |
33.99 (
2.09 %)
|
| SYMBOL (
2012-01-19 )
|
| LAST |
CHANGE
|
|
IBM
(
12:34pm ) |
|
181.50 |
0.43 (
0.24 %)
|
| SYMBOL (
2012-01-19 )
|
| LAST |
CHANGE
|
|
|
Print this Story
Standard Chartered not ruling out China acquisition but focus on organic growth 