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Posts: 250
Joined: Wed May 10, 2000 5:22 am

About LTU's Future Will Be Decided On Monday

Fri Oct 19, 2001 12:45 am

As far as I know the directors of LTU and it's shareholder will decide about LTU's future today and on monday, 22th October.
Several banks and also Rewe are interested in LTU but it is possible that they decide to close the company due to be in the red. We have seen what has happened to Swissair, LTU's former shareholder with 49,9%.

We'll see what happens to this airline, but can only hope that these colors won't disappear from our skies.

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johnnybgoode
Posts: 2144
Joined: Wed Jan 03, 2001 8:47 pm

RE: About LTU's Future Will Be Decided On Monday

Fri Oct 19, 2001 1:47 am

and not only LTU:
in our local newspaper it was again speculated that BA is seriously considering shutting down Deutsche BA.

rgds
daniel
If only pure sweetness was offered, why's this bitter taste left in my mouth.
 
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Joined: Wed May 10, 2000 5:22 am

RE: About LTU's Future Will Be Decided On Monday

Fri Oct 19, 2001 9:24 am

Many other airlines will be closed in the next time.
And I don't think Juergen Weber is wrong when he sais that in the near future there might be only three bigger EU-airlines, that the smaller ones will end up in the larger ones like Lufthansa an BA...
What about the very small ones?  Confused

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