The European Commission has granted regulatory
approval for the tie-up of Lufthansa and Brussels Airlines.
The decision paves the way for Lufthansa
to acquire an initial 45% stake in SN Airholding SA/NV, the parent
company of Brussels Airlines.
Clearance from the EU competition
authority will also give Lufthansa an option, from 2011, to buy
the remaining 55% stake in Brussels Airlines once it has secured
the necessary traffic rights, thereby completing the takeover of
the Belgian carrier. The transaction is expected to be finalised
by the end of this month.
Regulatory clearance will enable both carriers
to realise synergies, further strengthen their competitive
position and intensify their cooperation.
Harmonised schedules, which will lead to
improved connections at the Frankfurt, Munich, Zurich and Brussels
hubs, are just one of the advantages that customers can look
forward to in future.
Today, Lufthansa and Brussels Airlines
passengers already profit from the partnership between the two airlines in the run-up to Brussels Airlines’ accession to Star
Alliance.
Besides offering codeshare flights on cross-border routes between Germany and Belgium and to other destinations in
Europe, Lufthansa, Brussels Airlines and SWISS have forged a
reciprocal arrangement that allows members of their respective
frequent flyer programmes to earn and redeem miles throughout the
partner’s network.
From the end of October 2009, Privilege, the
loyalty programme operated by Brussels Airlines, will be integrated into Miles & More, Lufthansa’s frequent flyer scheme.
Furthermore, since the introduction of the summer timetable, fares
offered by both airlines on cross-border routes have been
combinable. This means that passengers of either airline who have
a ticket for a round-trip flight between Belgium and Germany can
take one flight with Lufthansa and the other with Brussels
Airlines.
Lufthansa’s and Brussels Airlines’ airport lounges are
already open to status customers and Business Class passengers
travelling with either carrier.
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