Thursday, October 25, 2012

Will Lufthansa Start a Low Cost Carrier?


Lufthansa have indicated that they’re looking to start a low-cost airline to handle a portion of their European flying.

The German national carrier has already stated that these European operations are losing money in the order of hundreds of millions per year, which clearly needs to be changed.

A new project, provisionally titled Direct4You has been proposed as a means of returning these operations to profitability and competing against other low-cost carriers on similar routes in Europe.

No mention was given about Germanwings – a German low-cost airline which Lufthansa has a stake in.

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