German flag airline Deutsche Lufthansa AG (LHA.XE) hasn't held talks with SAS AB over its stake in U.K. carrier British Midland Airways, or bmi, Chief Executive Wolfgang Mayrhuber told journalists Wednesday.

Lufthansa owns a 30% minus one share stake in bmi but intends to raise the stake to 80% by acquiring 50% plus one share from bmi founder Sir Michael Bishop.

SAS owns the remaining 20% in bmi.

"As long as we don't hold a majority on bmi there's no need to seek talks (with SAS)," Mayrhuber said.

Company Web site: www.lufthansa-financials.com

-By Jan Hromadko, Dow Jones Newswires; +49 69 29 725 503; jan.hromadko@dowjones.com