Saturday, February 22, 2025
25.1 C
Lagos

Lufthansa Group, Air China in Strategic Partnership

Lufthansa Group and Air China signed a partnership agreement in Beijing on September 20, 2016 which will enable the two companies to jointly operate all connections between Europe and China as part of a commercial joint venture. The co-operation is scheduled to commence at the start of the 2017 summer flight timetable.

The joint venture aims to significantly expand their mutual code-sharing connections and enhance their commercial partnership. This will allow the Lufthansa Group to continue pursuing its partnership-driven Asia strategy.

Carsten Spohr, Chairman of the Executive Board and CEO of Deutsche Lufthansa AG, said: “The Chinese aviation market is one of the most important growth markets worldwide. We want to profit from this growth together with our Star Alliance partner, Air China.”

Cai Jianjiang, Chairman of Air China, stated: “Under the Joint Venture framework, we will further expand network coverage in China and Europe, enhance the flight connections in beyond markets and optimise flight schedules, enabling us to bring more and flexible flight choices, favorable fare products and seamless travel experiences.”

The expanded code-sharing connections will enable Air China’s customers to conveniently travel on more code-sharing routes to/from various destinations in Austria, Belgium, Germany and Switzerland via the Frankfurt, Munich, Zurich and Vienna hubs.

In turn, Lufthansa, Swiss and Austrian Airlines will gain access via Air China to additional routes in China, the second-biggest aviation market in the world. Further destinations are set to be added soon as part of code-sharing.

spot_img
spot_img
spot_img

Hot this week

LASAA Addresses Community Concerns over Billboard Safety at Abati Barrack

The Lagos State Signage and Advertisement Agency (LASAA) is...

AIICO Celebrates Outstanding Agency Field Force at 2025 Annual Awards Night

Left - Right: Mr. Adewale Kadri (Executive Director, Technical),...

Is the CBN Pushing Nigerians Back into the Banking Halls? 

By Elvis Eromosele  Public institutions in Nigeria have a knack...

Fidelity Bank Enhances Educational Facilities in Benin, Abuja

Fidelity Bank Plc, a leading financial institution, has once...

NCDMB Chief Visits Samsung, Africoat, Insists on Patronage of Local Facilities

The Executive Secretary, Nigerian Content Development and Monitoring Board...

Topics

U.S., EU Reach Insurance Regulation Agreement

United States and European Union negotiators say they have...

Consolidated Hallmark Insurance Raises Capital to N10bn, Shops for N5.5bn

Consolidated Hallmark Insurance Plc has increased its authorised share...

NAICOM, NEM, African Alliance, Guinea for Business Journal Presentation Sept 16

The National Insurance Commission (NAICOM), NEM Insurance Plc, African...

Zenith Bank: N150bn Operating Expenses, -13% Investment Income Decline

  Ebenezer Onyeagwu Managing Director/CEO Zenith Bank Plc Zenith Bank released its H1-21...

Stanbic IBTC Capital Leads RMB Nigeria’s ₦40bn Multi-Instrument Issuance Program

RMB Nigeria Issuance SPV Plc, a funding vehicle incorporated...

Sterling Bank Partners NJFP to Sponsor Training of 1,000 Fellows

Sterling Bank Plc has partnered with Nigeria Jubilee Fellows...

NCC Holds Valedictory Session for Retiring Staff, Osmund Omulu

L-R: Dr Ikechukwu Adinde, Director, Public Affairs, Nigerian Communications...

How Not to Mismanage the Reputation of a Good Brand

It is a lunch time menu for communications, PR,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img