Brussels Airlines take-over by Lufthansa

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Brussels Airlines will not disappear, says the President of the Belgian Company’s Administration Council, Etienne Davignon.
He appeared on the television program “A votre avis” (RTBF) on Sunday.

“Employment is a central issue. We can keep employment up”, he insisted. “I am not naïve, I know where we are with the negotiations, and Brussels Airlines is not in danger”, he said.

Mr Davignon says there will be no “Sabena bis”. The take-over by Lufthansa will not mean the end for Brussels Airlines, which is still making money.

A Lufthansa surveillance council gave the go-ahead to a complete take-over of Brussels Airlines on Wednesday. The aim is to reach an agreement with shareholders on how it would happen before the end of the year. This would mean Lufthansa would acquire the 55% of shares it doesn’t yet own at the start of 2017.

The author: Michel THEYS

Michel Theys, a Belgian native, began his career as a civil servant, serving the public for several decades. After retirement, he shifted gears to follow his passion for journalism. With a background in public administration, Theys brought a unique perspective to his reporting. His insightful articles, covering a wide array of topics, swiftly gained recognition. Today, Michel Theys is a respected journalist known for his balanced and thoughtful reporting in the Belgian media landscape.

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