Saturday, December 13, 2025
28.7 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

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

FSI Marks 6 Years of Driving Innovation, Talent Development, Startup Growth Across Africa

Financial Services Innovators (FSI) has marked its sixth anniversary,...

Sterling Bank Partners Pan Atlantic Varsity’s EDC to Certify Non-Oil Export Academy Graduates

L-R: Kola Oluyemi, Group Head, Sterling Academy; Dr. Nneka Okekearu,...

Topics

AfDB Seeks US Support for $1.5bn Emergency Food Plan for Africa

The president of the African Development Bank Group, Dr....

AstraZeneca Unveils Ambitious Plan to Expand in Africa

British pharmaceutical laboratory AstraZeneca Plc just launched an expansion...

Africa Oil Week, Nov 8,  Remains Force of Good for Africa

      Hyve Group Plc, organisers of Africa Oil Week (www.Africa-OilWeek.com)...

Sovereign Trust Insurance Holds 30th AGM

L-R: Eric Balogun, Independent Director, Emi Faloughi, Director, Kayode Adigun,...

Lagos, Anambra, Delta Lead as 19 States Adopt Health Insurance Scheme

  Tunde Hassan-Odukale Managing Director/CEO Leadway Assurance Company Limited No fewer than 19...

Adeosun: ‘Nigerians Should Embrace Life Insurance for Better Future’

L-R: Mr. Lana Loyinmi, Head Contribution & Bond Redemption,...

Royal Exchange Prudential Life Targets Customer Service for Growth

Royal Exchange Prudential Life Assurance (REPLA) has been urged...

Igbiti Targets Digital Transformation, Insurance Awareness as CIIN President

ACCEPTANCE SPEECH OF MR. EDWIN IGBITI ON THE OCCASION...
spot_img

Related Articles

Popular Categories

spot_imgspot_img