My Account Menu

CAPA Login


Register to trial CAPA Membership!

Alpha Flight Group and Sky Chefs to form JV

2-May-2011

Dnata’s Alpha Flight Group and Lufthansa Sky Chefs unit are reportedly likely to form a joint airline catering venture, with a deal to be signed by Sep-2011. The deal is still dependent on regulatory approval from the European Commission and authorisation from the boards of both companies.

Dnata announced last week that it is interested in acquisitions in the Gulf, India and Asia Pacific, following its acquisition of Alpha Flight from Autogrill for GBP100 million in 2010.

Duty free, retail and catering shares were subdued on Friday, with LVMH gaining 1%.

Selected duty free  share price movements (% change): 29-Apr-2011


Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.