Thursday, March 29, 2012

Lufthansa has "no intention" of ending JetBlue stake

WASHINGTON (Reuters) - Deutsche Lufthansa AG has no intention of ending its investment in JetBlue Airways Corp, but the possibility remains that it could do so down the road depending on the capital needs of the German airline, its chief executive said on Thursday. Christoph Franz told reporters that Lufthansa's earlier announcement about offering convertible notes that can be exchanged for up to 46.7 million shares of JetBlue common stock is an attractive way "given current market conditions" to get financing
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Lufthansa has "no intention" of ending

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