JOINT VENTURE BETWEEN SINGAPORE AIRLINES AND LUFTHANSA
On October 1, 2017, Singapore Airlines and Lufthansa Group, have entered into a partnership to craft a joint venture ( JV). A report released to the media read, “The two airline groups have also significantly increased code-share ties, with over 130 city pairs now offered between key markets in Europe, South-East Asia and South-West Pacific”. This plan was made public for the first time in November 2015. The JV will cover flights between Singapore, Australia and Germany, Switzerland, Austria and Belgium, the four home countries of Lufthansa, SWISS, Austrian Airlines and Brussels Airlines, all part of the Lufthansa Group. Singapore Airlines, Lufthansa and SWISS, will coordinate itineraries and fares and will share revenue on flights operated by the three airlines between Singapore and Dusseldorf, Frankfurt, Munich and Zurich.