Market Chatter: Lufthansa Taps Banks for Potential EUR1 Billion Sale of Software Assets

11:10 AM EDT, 10/16/2026 (MT Newswires) -- Deutsche Lufthansa (LHA.F) hired banks for a potential sale of businesses providing IT services for the aviation sector, London's Financial Times reported Friday, citing multiple people familiar with the matter. The deal involving businesses within the German airline's Lufthansa Systems division could be valued at 1 billion euros, according to the report. The assets could include Lido and NetLine, as well as Sirax revenue accounting products. However, the talks remain in the early stages. Lufthansa did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)