Lufthansa says concludes JetBlue stake purchase

Tue Jan 22, 2008 12:11pm EST
 
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FRANKFURT, Jan 22 (Reuters) - Germany's Deutsche Lufthansa (LHAG.DE) has concluded the purchase of a 19 percent stake in discount U.S. carrier JetBlue Airways Corp (JBLU.O) after winning the green light from U.S. authorities, Lufthansa said on Tuesday.

"With the conclusion of the financial transaction, Lufthansa and JetBlue will begin exploring innovative commercial arrangements designed to benefit both airlines and their customers," Lufthansa said in a statement.

 
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