German airline company Lufthansa has been looking at interested parties to acquire a part of its IT business, according to a report from Reuters.
Lufthansa
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Ireland's Ryanair on Tuesday announced that it won't participate in Italian airline Alitalia's EUR300 million emergency cash call. Other carriers including Lufthansa, Etihad Airways, Aeroflot and Alitalia shareholder Air France-KLM have also turned down the deal.
Lufthansa Chief Executive Officer Christoph Franz said the European airline had left its door open for the possibility of forging a future alliance with Gulf airline companies.
Lufthansa had decided to scrap the current pension plan to a plan that is tied to investment returns of the fund.
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