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clickhappy
Posts: 9042
Joined: Thu Sep 13, 2001 12:10 pm

Lufthansa Won't Leave A Good Friend In The Lurch

Fri Dec 06, 2002 6:54 am

"Lufthansa won't leave a good friend in the lurch," said spokesman Thomas Jachnow of Europe's No. 2 airline, although he cautioned that "whether an investment, cooperation or support in whatever form - no decision has been taken."

http://seattlepi.nwsource.com/business/apbiz_story.asp?category=1310&slug=United%20Airlines&from=homeAP
 
747-451
Posts: 2327
Joined: Wed Oct 04, 2000 5:50 am

RE: Lufthansa Won't Leave A Good Friend In The Lurch

Fri Dec 06, 2002 8:24 am

"But it's improbable that Europe's No. 2 carrier could pitch in enough to help United dodge bankruptcy"

yeah, I feel your pain...  Yeah sure
 
maiznblu_757
Posts: 4952
Joined: Fri Mar 01, 2002 12:05 pm

RE: Lufthansa Won't Leave A Good Friend In The Lurch

Fri Dec 06, 2002 8:26 am

HAHAHAHAH.... We surrender, signed Lufthansa.
 
User avatar
OzarkD9S
Posts: 4879
Joined: Tue Oct 23, 2001 2:31 am

RE: Lufthansa Won't Leave A Good Friend In The Lurch

Fri Dec 06, 2002 1:04 pm

Much as love my friends, I wouldn't give them my house payment to save theirs if I didn't have it to spare....
Next up...STL-DEN-STL for the Airliners International collectibles gathering in June. Don't miss it!
 
johnnybgoode
Posts: 2144
Joined: Wed Jan 03, 2001 8:47 pm

RE: Lufthansa Won't Leave A Good Friend In The Lurch

Fri Dec 06, 2002 4:49 pm

i highly doubt they will give money to UA. in an official press release a couple of days ago, LH´s next CEO, Wolfganf Mayrhuber, already member of the Executive Board, pointed out that if UA filed for Chapter 11 the basic agreement for financial assistance (there´s some sort of agreement between LH and UA regarding this dilemma) would not be put into place.
could have misunderstood things, though, but i don´t think so.

rgds
daniel
If only pure sweetness was offered, why's this bitter taste left in my mouth.

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