LUFTHANSA GROUP could be set to expand its business significantly after submitting a proposal to acquire elements of ailing Alitalia. A statement from the German flag carrier issued on October 16 confirmed it was not bidding for the complete airline, but"... only parts of the global network traffic and European and domestic point-to-point business." The offer also includes a concept for a newly structured Alitalia - dubbed NewAlitalia - "with a focused business model which could develop long-term economic prospects."
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