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German Zeitfracht wants stake in Blue Air

Autor: Claudiu.Padurean din 28 ianuarie 2019, Vizualizari: 418

German Zeitfracht wants stake in Blue AirBerlin-based logistics group Zeitfracht Group announced that it wants to buy shares in the Romanian low-cost airline Blue Air and has already applied for approval from the German competition body Bundeskartellamt to pursue this deal, according to Romania-Insider.com.


The project was filed on January 14 for merger control, a Bundeskartellamt spokesman told Airliners.de. According to the application, Zeitfracht Group does not plan a complete takeover of Blue Air, but merely the “acquisition in the view of joint control”.

 

Notably, Blue Air has recently taken over, as part of a consortium, Moldovan flag carrier Air Moldova. Civil Aviation Group, made up of Romanian Blue Air and two Moldovan citizens, offered to pay MDL 1.2 billion (EUR 61.5 million) for Air Moldova, Moldova’s public assets agency (APP) announced on October 2, says TransylvaniaToday.ro.

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