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Lufthansa considering SAS purchase

FRANKFURT, Germany, Nov. 3 (UPI) -- German airline Lufthansa said Wednesday that it was considering putting Scandinavian airline SAS into its shopping cart.

"We would be happy to integrate SAS," the Swedish news agency TT quoted Lufthansa Chairman Jergen Weber as saying at a press conference in Frankfurt.

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"It is no secret that SAS and Lufthansa are a perfect couple in many areas," said Aasge Dunhaup, Lufthansa's head of European communications.

It is possible the purchase could give SAS a needed lift, providing more purchasing power and a wider service platform.

SAS posted losses in the second quarter. The airline has had its share of turbulence this year, canceling flights due to reduced visibility after a volcano erupted in Iceland and having to face off with discount carrier Norwegian during an economic downturn.

For Lufthansa, it would be the fourth major purchase since 2005, when it absorbed Swissair. It has since purchased Austrian Airlines and British Midland. In addition, the company is rumored to be interested in a purchase of Polish airline LOT, the news agency said.

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