Germany&#39;s Lufthansa to boost flights to Asia
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BERLIN : German flag carrier Lufthansa plans to boost by 50 percent its flights to China by 2007, company chairman Wolfgang Mayrhuber said.
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German airline Lufthansa shares hit their highest level in three months on Thursday as easing oil prices spurred buying in a sector threatened with hefty losses due to high fuel prices.
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German airline Lufthansa posted a 125 million euro ($155 million) net profit in the third quarter, more than making up losses from a year ago thanks to stronger demand for air travel, the company said Thursday.
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Geneva - China is expected to be the world&#39;s fastest-growing market for air travel as the world&#39;s airlines look for global growth in passenger traffic of 6 percent annually over the next four years, the top industry body said on Wednesday.
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Speculation has it that the codeshare agreement between Air Berlin and TUI AG's charter airline, Hapag-Lloyd Flug, due to begin on 1 November, is to be extended.
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SAS will raise the number of flights to Berlin, said the group.
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Global air traffic is set to be boosted in the next three years by a rise in travel between Europe and Asia, thanks to growth in both China and India.
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German flag carrier Lufthansa is interested in buying a 20-percent stake in British airline BMI currently held by Scandinavian Airlines System (SAS), the business daily Handelsblatt reported on Thursday.
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Fighter jets, commercial planes and unmanned drones will jostle for attention at Asia's biggest airshow this week as titans Boeing, Airbus and other manufacturers take their wares to the booming Asian market, organisers said.
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German flag carrier Lufthansa said it had begun to modernize its long-haul fleet by ordering 20 Boeing 747-8 aircraft and seven A340s, manufactured by Boeing's European rival Airbus.
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In a blow to Airbus SAS, German airline Lufthansa AG said yesterday it would order 20 Boeing 747-8 planes, with purchase rights for 20 more, becoming the first carrier to order the new long-haul jet for passenger service.
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In a blow to Airbus SAS, German airline Lufthansa AG said Wednesday it would order 20 Boeing 747-8 planes, with purchase rights for 20 more, becoming the first passenger airline to order the new long-haul jet.
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NEW YORK, Dec. 13 -- Germany's biggest airline, Deutsche Lufthansa, said Thursday that it would pay $300 million for a 19 percent stake in JetBlue Airways, whose stock has lost about two-thirds of its value since an operational crisis last Valentine's Day.
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Lufthansa is in talks to buy a stake of  just under 25 percent in JetBlue Airways , The New York  Times reported on its blog DealBook on Thursday.
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SINGAPORE: Jetstar Asia, the newest budget carrier in Asia, will start flying from Singapore on December 13. It has named three destinations for its rollout.
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German Chancellor Gerhard Schroeder is due in China to start an Asian tour  to discuss trade and bilateral ties.
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QANTAS chief executive Geoff Dixon has identified China and India as linchpins of planned expansion in Asia, saying it would begin flights to Beijing within a year.