Lufthansa to offer private jets

Wolfgang Mayrhuber, chairman and ceo of German carrier Lufthansa says the airline has recently launched 16 new destinations and is not going to cut any of its current routes despite the rising price of jet fuel.
“Though it is becoming difficult to keep pace with increasing prices of jet fuel, some part of our requirement of fuel is also obtained through hedging. We have to see elasticity of market, depend on different markets, strategise our flexibility and fleet capacity and at the same time meet ecological challenges,” Mayrhuber said.
Lufthansa now offers 7,112 weekly frequencies to 207 destinations in 81 countries. In the Asia-Pacific region, the airline has 762 weekly frequencies to 63 destinations in 20 countries, including 58 frequencies to India.
It sees growth markets in China, India and Russia and is planning to enter the market of providing private jets to industrialists and private companies in China and India.
24/06/08 Aircargo - Asia Pacific, Australia

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Categories: Foreign Jun 2008