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
spot_img

Hot this week

Leadway Sustains Support to Nigeria’s Creative Economy with 4th Consecutive Sponsorship of Lagos Leather Fair

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Insurance Meets Tech (IMT) Unveils 5th Edition for September 18, 2026

West Africa's leading insurance and technology conference, Insurance Meets...

Shell Appoints Elohor Aiboni as Executive VP, Country Chair Nigeria

Elohor Aiboni The incoming Executive Vice-President and Country Chair Shell Companies...

Heirs Insurance Group Extends Rewards Programme to Corporate Clients, Unlocking Lifestyle, Wellness Benefits for Employees

Heirs Insurance Group, Nigeria’s fastest growing insurance group, has...

Stanbic IBTC Pioneers Digital Supply Chain Financing in Nigeria through CycleFlow Partnership

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings,...

Topics

Nigeria Abolishes Capital Levels for Insurance Firms

The National Insurance Commission and operators have jointly...

DRONES: $100bn GDP Boost, 5m Job Opportunities in India-WEF

Putting drones at the centre of a technology-led transformation...

Samsung Launches QLED TV 2018 Edition into Nigerian Market

Samsung Electronics West Africa has launched its newest and...

MTN to Sack Hundreds over Prolonged Strike

Africa's biggest mobile operator MTN, which is grappling with an eight-week strike at its South African operations, plans to cut hundreds of jobs, a local newspaper said on Monday. Citing unnamed sources close to the company, the Business Report newspaper said MTN would go through with layoffs as the strike had shown the company could do without some of its workforce.

Sterling HoldCo Delivers 157% Profit Growth in Half-Year 2025

Sterling Financial Holdings Company Plc has reported a 157%...

Stanbic IBTC Bank Wins Agric Bank of the Year Award

L-R: Wole Oshin, Head, Agribusiness; Olushola Alarege, Head, North...

Emirates Invests $2bn to Enhance On-Board Customer Experience

Emirates is investing over US$ 2 billion to enhance...

Sterling Premieres Anthology of Nigerian Literature with Farafina 

L-R: CHIEF MARKETING OFFICER, STERLING BANK PLC, DAPO MARTINS;...
spot_img

Related Articles

Popular Categories

spot_imgspot_img