Bitte beachten: Wenn Sie nach oder von Berlin (TXL), Kln (CGN), Dsseldorf (DUS), London (LHR) oder Stuttgart (STR) fliegen, wird Ihr . DUBLIN (Reuters) - German airline Lufthansa's bid for a minority stake in Italy's ITA Airways has ignited talk of further potential sector consolidation as the industry seeks to plot a more profitable post-pandemic recovery. ownerId: window.adFoxOwnerId, "For healthier yields and margins, European airlines need to find capacity discipline: this is something that has been lacking in the past," Bernstein's Irving said. Sweden's SAS, which has been under Chapter 11 bankruptcy protection in the United States since last summer, is also a potential candidate, Kepler Cheuvreux airlines analyst Ruxandra Haradau-Doeser and Bernstein's Irving said. Ende 2022 hat man Merger von Air India und Vistara angekndigt. On August 6, 1954 Luftag bought the name, the trademark the crane and the colors blue and yellow from the first Lufthansa, which was in liquidation at the time, and has since then called itself "Deutsche Lufthansa Aktiengesellschaft (Deutsche Lufthansa Stock Company). This cookie is associated with Akamai. Matthew is an avid traveler who calls Los Angeles home. For local hotlines click here. Thanks to one of the industrys largest air cargo operations, Korean Air sailed through the pandemic with consistent operating profits. Both figures outstrip the airline's previous . This cookie is associated with Akamai and is used to differentiate between traffic from humans and bots. Those kits are worthless. I was invited down to take a look. And the big buyers, including Lufthansa and Air France-KLM, have not demonstrated any real appetite for acquisitions. Deutsche Lufthansa was founded in 1926 and is based in Cologne, Germany. Though we shouldnt forget that once Lufthansa had those grey plastic containers. The airplane developed into a means of mass transportation. Even comparing these is an insult to LH. Maybe if I was on a refitted Polaris seat and traveling from a Polaris lounge location, Id feel differently, but flying mostly out of IAD, Ive never experienced either one. Lufthansa reacted by redesigning their route network with faster connections and fewer stopovers. Outside of banner ads published through the Boarding Area network, this compensation does not impact how and where products appear on this site. Lufthansa has a larger tea selection than United and also offers espresso, something United is desperately lacking. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. The Lufthansa Group is a global aviation group with a total of more than 300 subsidiaries and equity investments. For that reason, Ill give United the slight edge, but this is close. I was not pleased with the service on my last Lufthansa flight. Lufthansa refunded 65 only. "For healthier yields and margins, European airlines need to find capacity discipline: this is something that has been lacking in the past," Bernstein's Irving said. Since Continue reading Viva Air . The new United Polaris Lounge at Washington Dulles, @malaysiaairlines just announced it would retire i, Welcome to @fly_bur @aveloair! Had new Polaris seats on the 767 to MUC and they were OK. Instead Lufthansa told me that I would have to pay 1000 to change the ticket, so I had no option but to cancel it. DUBLIN (Reuters) - German airline Lufthansa's bid for a minority stake in Italy's ITA Airways has ignited talk of further potential sector consolidation as the industry seeks to plot a more profitable post-pandemic recovery. "We clearly focus on ITA," a Lufthansa spokesperson said. The Lufthansa Group has participated in four strategically and commercially important joint ventures: the A++ transatlantic joint venture with United Airlines and Air Canada, the J+ bilateral Europe/Japan joint venture with All Nippon Airways (ANA), the commercial Europe - Southeast Asia and Southwest Pacific with Singapore Airlines and the Europe-China joint venture with Air China. Michael OLeary, the outspoken CEO of fellow low-cost airline Ryanair, also weighed in with his predictions this week. The overall winner in my opinion is Lufthansa, by a million miles. Although I (have to) fly with Lufthansa over If United is a 2 class flight why dont you compare united with lufthansas first class flights back from Germany or Munich. Since the merger of UA and CO, many of the the over water flights to Europe are narrow body (i.e. Stranger things have happened, but I find the merger scenario very unlikely. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. params: getAdFoxParams( These type of deals are very complicated and distracting," easyJet Strategy Director Shane Lord said at the Air Finance Journal conference in Dublin. I appreciate the Cowshed amenities and find the eye mask and socks are of higher quality than Lufthansa. Thus, Id choose United in all cases except for the older eight across 777-200s. The two carrierswould be required to shed overlap in order to make the merger profitable and that would come at the expense of labor. container.removeClass('grey-background'); An SAS spokesperson said its too early in the process to comment on any potential future investors.. He was actively unpleasant, clearly upset that I hadnt already decided on a breakfast choice (protein plate or granola bowl) without a menu or any announcement. German airline Lufthansa's bid for a minority stake in Italy's ITA Airways has ignited talk of further potential sector consolidation as the industry seeks to plot a more profitable post-pandemic . First, let's look at the reasons why a merger might make sense. "In Germany, where you shouldn't take the flight anyway because you should take a train for environmental reasons, but the train was canceled.". Free access to Real-time quotes, Financial news, Market data and investing analysis, ITA-Lufthansa deal sparks further airline merger talk. Additional connecting flights are offered by the Star Alliance connecting partner Juneyao Airlines. The investments theyve made to the on-board hard product and Polaris lounges are high quality and competitive with international standards. IAG is the 'newcomer' to European airline groups, founded only in 2011 (seven years after the Air France-KLM merger). This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. I have flown all long-haul metal of both airlines and feel I am providing a well researched response. "This may be the next step in European airline consolidation . 11 regulators have already approved the deal but some approvals are still pending. These type of deals are very complicated and distracting," easyJet Strategy Director Shane Lord said at the Air Finance Journal conference in Dublin. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Fusion Mediaandany provider of the data contained in this websitewill not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. Two points about the food: 1) United also serves their yogurt in plastic containers and 2) Lufthansa does at least give you options when it comes to appetizers. Virgin Atlantic has given binding agreements to the UK Competition & Markets Authority to launch flights to Seoul, as part of a deal to allow UK Government approval of the Korean Air and Asiana merger. (The QR Qsuite from SYD-DOH was sublime, but that is in a league of its own, and not available on most aircraft.) Airlines or companies have to face some challenges, in case of an airline merger it must be considered, the different IT systems, different fleet types, labor integration issues and cultural discrepancy. Etihad Airways announces new routes to Copenhagen, Dsseldorf. Air France-KLM and IAG declined to comment. Also United Polaris doesnt cost as much as Lufthansa first class SMH. MEDIA ONLY: To reach our airline expert Edward Russell for interviews requests, email er@skift.com. Many of Europe's legacy flag-carrying airlines are . Those have two functions: On the one hand they are providing basic functionality for this website. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. A welcome email is on its way. "At the same time, however, we closely monitor consolidation in the European airline market.". . A deal between Air France and Dutch carrier KLM could create create Europe's biggest airline and one of the world's largest carriers. Would really like to see you rank the transatlantic star alliance business options. Germany's Lufthansa remains cool about the . Here are the right contact partners for your specific queries of the Lufthansa Group: Investor Relations contacts for private and professional investors: Should you wish to contact Lufthansa as a customer or business partner, please phone our hotline in Germany on +49 69 86 799 799. There is so much to cover that I have split the article into two parts. 10-15 July 2016 Comparing global airline merger experiences from a financial valuation perspective: an empirical study of recent european based airline mergers "Chun-Pin (Chris) Hsu, Ph.D. a, Triant Flouris, Ph.D. b" * "a CUNY Aviation Institute at York College, 94-20 Guy. Spotted four #polarbear outside of #longyearbyen -, One of the best crews I have ever had the pleasure, Next stop ARN! The ultra-low-cost carrier Viva Air of Colombia has declared that it will stop its operations. I greatly appreciate your post, and normally find your responses to be very insightful; however, I could not disagree with you more. This website uses cookies. The second quarter earnings results keep rolling in, depicting an airline industry enjoying a resurgence in demand, but also a shortage of supply, especially of people and planes. I recently spent a weekend at the @ventanabigsur. With United you can always expect something to go wrong, and I have just had enough of that with United. I am so excited tha, I greatly miss the @lufthansa #747-8 at @flylaxair. I pay well over 5000 US$ for a return business class ticket and still have to figure out where i can enter the lounge in Houston. '', DUBLIN - German airline Lufthansa's bid for a minority stake in Italy's ITA Airways has ignited talk of further potential sector consolidation as the . On August 6, 1954 Luftag bought the name, the trademark - the crane - and the colors . The united metal amenity trash cans are a disgrace. The cooperation with Austria's leading airline gives our passengers access to an attractive . The seat was tired, of course, but the worst was the FA serving 1st. As a founding member of Star Alliance, Lufthansa offers innumerable advantages in the worlds biggest global network. United offers Saks Fifth Avenue bedding, including a plush pillow, day blanket (throw), and comforter. While their 2-4-2 777s are trash, those also constitute a rather small percentage of the fleet. Verdict: Those have two functions: On the one hand they are providing basic functionality for this website. Also, my experiences in economy on both carriers, same routes UA wins simply because my (lowly) mileage plus status gets me economy plus and does nothing for me on LH. Contact Email impressum_de@lufthansa.com. and American have . The food was also very meh, although the omelette at breakfast was, as always, quite good. This website uses cookies. But dear @flysas , next time if I a, Ready for #PIA from #MAN to #JFK -- we will be rac, Another room with a beautiful view #hyattregenc, Enjoying #shanghai with @onemileatatime from the i, From my front gate to my boarding gate in 15 minut, @malaysiaairlines #747 out of retirement and in se, View from my 61st floor room at the beautiful bran. The poster from June 2022, featured an image of the front of a plane in flight and the underside of the plane was represented by an image of the earth from space. window.yaContextCb.push(() => { (This story has been refiled to fix the typographical error in the fifth paragraph). FILE PHOTO: Planes of German air carrier Lufthansa are parked as Lufthansa pilots start a strike over a wage . Der Prozess eines solchen Mergers ist eine aufwendige lange Geschichte und wird sich bis 2024 ziehen. Meet Steve Sisneros, the airport czar at Southwest. I never see a flight attendant sitting down on a Lufthansa flight, they are always tending to the needs of the customers, United, needless to say can never compare with such service. The cooperation with Austrias leading airline gives our passengers access to an attractive route network and the highest quality. The latter also include Lufthansa AirPlus, Lufthansa Aviation Training and the IT companies. : to reach our airline expert Edward Russell for interviews requests, email @... Scenario very unlikely Airways announces new routes to Copenhagen, Dsseldorf and where products appear on site... The highest quality monitor consolidation in the European airline consolidation the ultra-low-cost carrier Viva Air Colombia... The airplane developed into a means of mass transportation and competitive with international standards to comment on any future. Though we shouldnt forget that once Lufthansa had those grey plastic containers will stop its operations with Akamai and used! 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