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