Lufthansa buy runs into turbulence

Lufthansa's proposed acquisition of Austrian Airlines looked increasingly shaky last night after EU competition officials accused…

Lufthansa's proposed acquisition of Austrian Airlines looked increasingly shaky last night after EU competition officials accused the German carrier of submitting new concessions that were inferior to its previous offer. The European Commission also indicated that time had virtually run out for any further negotiations over those remedies. - (Copyright The Financial Times Limited 2009)