Lufthansa Exploring Sale of Aviation Insurance Broker, Insurer
- Disposal of Albatros, Delvag part of push to streamline firm
- German carrier working with advisers to find buyer, people say
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Deutsche Lufthansa AG, the German airline, is looking to sell its insurance brokerage unit Albatros and insurance business Delvag, according to people familiar with the matter.
The country’s largest carrier is working with advisers to find a buyer for the two units in a push to streamline operations, the people said, asking not to be identified because the discussions are confidential.