20-Sep-2012 10:40 AM

Lufthansa consolidates Germanwings and direct services

Lufthansa announced (19-Sep-2012) plans to merge Lufthansa's direct European services outside its Frankfurt and Munich hubs with Germanwings to form one company on the basis of Germanwings GmbH on 01-Jan-2013. The new company, based in Cologne, will operate Lufthansa's direct services fleet and Germanwings aircraft from 2013, covering approximately 90 aircraft. The company is expected to transport over 18 million passengers in its first year of operations. A decision on the company's brand name will be made in the upcoming months. Deutsche Lufthansa AG Executive Board CEO and chairman Christoph France said, "As part of the Lufthansa Airline Group the new company will get underway with the accordingly high quality standards. Combining our domestic German and European point-to-point services has enormous potential to improve efficiency. Our aim is to once again fly these services profitably under the umbrella of a single company. This means we are continuing to offer our guests the prospect of a dense, high-quality network even outside of our Frankfurt and Munich hubs. And our employees in these areas have the prospect of secure jobs within a company of the Lufthansa Group." [more - original PR]

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