Lufthansa targets European network

Source : ATW

"Lufthansa Chairman and CEO Wolfgang Mayrhuber told ATWOnline recently that acquisition of Austrian Airlines and Brussels Airlines is a "logical step" toward creating a pan-European network. Speaking at Star Alliance's annual board meeting in Chicago, Mayrhuber said LH is targeting further consolidation. "From the LH management perspective, we can do more," he told this website. "What we have already done is no surprise." He declined to say whether LH will bid for either SAS Group (ATWOnline, Nov. 13) or LOT Polish Airlines (ATWOnline, Dec. 15), but said the company's goal is to "create our own Star Alliance network" with a "modular" concept comprising the amalgamation of several airlines. He called it LH's "European answer" to the need for consolidation." Next.