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Lufthansa CEO says rising protectionism hampering M&A
June 5, 2016 by elegant · Leave a Comment
The growing trend of protectionism worldwide is hampering cross-border consolidation in the airline industry, the chief executive of German airlines group Lufthansa said on Saturday. “To be honest I see protectionism around the world rising rather than more liberalization,” Carsten Spohr said on Saturday at a Star Alliance event in Zurich, highlighting…
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Lufthansa CEO says rising protectionism hampering M&A