Turkish Airlines may become the latest foreign investor in a European Union carrier
Etihad Airways and Qatar Airways are already investors in European Union carriers. Now Turkish Airlines is considering following suit. Turkish Chairman Hamdi Topcu said last week his company was close to making a bid for LOT Polish Airlines, a partner in the Star Alliance. Details of the possible transaction were not made public, but foreign ownership restrictions would limit an investment to a minority share. Turkish would also not be able to exert effective control of LOT if the ...
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