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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.

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"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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