Company Watch - Lufthansa.Dec 31, 2006 Lufthansa signed an MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. to sell its 50% stake in leisure travel group Thomas Cook For the company, see Thomas Cook AG. Thomas Cook (22 November 1808 – 18 July 1892) of Melbourne, Derbyshire, founded the travel agency that is now Thomas Cook AG. He was brought up as a strict Baptist and joined his local Temperance Society. to KarstadtQuelle for [euro]800 million ($1.05 billion) but will raise its stake in Condor Flugdienst from the present 10% to 24.9% and receive the shares held by Condor in Turkish holiday airline SunExpress. Dec 26, 2006 The accord still requires the approval of both the Lufthansa and KarstadtQuelle boards and relevant regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities , Lufthansa said, adding that the transactions are scheduled to be finalized in the 2007 first quarter. LH and KarstadtQuelle each currently hold a 50% stake in Thomas Cook and Condor is presently 90% owned by Thomas Cook. Dec 26, 2006 Lufthansa Technik signed a five-year Total Technical Support contract with French startup Elysair for its 757-200. Elysair will operate all-business-class flights from Paris Orly to Newark starting this month. Dec 22, 2006 KarstadtQuelle Buys Thomas Cook. KarstadtQuelle said on Friday it had bought Lufthansa's 50 percent stake in Europe's second biggest tourism firm Thomas Cook for EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 800 million (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $1.05 billion) to boost its presence in the tourism sector. Dec 22, 2006 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Dec 18, 2006 |
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