Lufthansa has announced plans to create a low-cost long-haul airline subsidiary that will focus on destinations in Southeast Asia. The new airline will be based in either Munich, Cologne or Dusseldorf and will commence operations in 2015. Lufthansa stated that it was in “advanced” talks with fellow Star Alliance member Turkish Airlines over the possibility of operating the new airline as a joint venture. Lufthansa CEO Carsten Spohr said: “In the dynamic and highly price-sensitive market segments, our current platforms only enable us to exploit the growth potential to a limited extent, in view of their sometimes over-rigid cost structure.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In