Lufthansa board outlines low-cost long-haul project

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By TESTCustomwebLP TESTCustomwebLP September 25, 2014 21:24

Lufthansa board outlines low-cost long-haul project

Lufthansa’s executive board has presented plans for its new long-haul low-cost carrier to the supervisory board.

The yet-to-be-named subsidiary, which is part of Lutfhansa’s low-cost “Wings” concept, would operate up to seven A330-300s. It will begin operations in fall 2015 with three aircraft based in Munich, Düsseldorf or Cologne to take advantage of above-average growth in the leisure travel segment.

Lufthansa chairman and CEO Carsten Spohr said the aircraft could come from either the Lufthansa Group or the free aircraft market.

Lufthansa is building on a new strategy to expand the Wings platform, which could include Germanwings, Eurowings and the new long-haul LCC returning to A320 operations to focus on direct point-to-point flights within Europe.

In August, Spohr said Lufthansa had been in talks with Turkish Airlines about operating its joint venture SunExpress as a LCC on long-haul routes, but an agreement has yet to be reached.

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By TESTCustomwebLP TESTCustomwebLP September 25, 2014 21:24