Lufthansa and Air China enter joint operations agreement
GERMAN airline Lufthansa and Air China have signed a deal to jointly operate all the groups’ connections between Europe and China.
“The Chinese aviation market is one of the most important growth markets worldwide. We want to profit from this growth together,” Lufthansa chief executive Carsten Spohr said.
The Chinese flag carrier and Lufthansa, Europe’s largest airline, have had a joint venture in their sights since signing a memorandum of understanding in 2014.
The move is “another major step of Air China’s globalisation strategy”, chair Cai Jianjiang said.
Added to Lufthansa’s other cooperations, including with Japan’s ANA and Singapore Airlines in Asia, and United Airlines and Air Canada in North America, the joint venture means around half of the German giant’s long-haul flights are now covered by such agreements.
The two groups plan to coordinate their schedules, offer common fares, and improve offers to corporate clients and frequent flyers.
As well as Lufthansa itself, the deal covers subsidiaries Austrian Airlines and Swiss International Airlines. –
Carsten Spohr (third right), chair of the Executive Board and CEO of Deutsche Lufthansa AG, and Song Zhiyong (third left), vice chair and CEO of Air China, at the joint venture signing ceremony in Beijing on September 20.