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Old October 28th, 2007, 02:46 AM   #141
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Lufthansa will launch six weekly non-stop flights between Düsseldorf and Miami on 26 October 2008.
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Old October 31st, 2007, 07:31 PM   #142
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Berlin in talks with Moscow over Lufthansa cargo flights ban

BERLIN, Oct 31, 2007 (AFP) - The German foreign ministry on Wednesday said they were holding talks with Russia to resolve a dispute that has seen the airline Lufthansa banned from flying over Russia.

"We believe that we will soon be able to resolve this misunderstanding," a spokeswoman for the ministry told reporters, while declining to say what had caused the row.

Lufthansa said that Russia on Sunday "at very short notice" revoked the right of the German carrier's cargo division to fly over Russian territory, forcing the airline to reroute flights to Asia.

It confirmed that in return Russia's national carrier, Aeroflot, had been banned from landing in Germany.

"Russia's ban is causing us huge losses, because it means that we have to reroute flights to Japan, China, North Korea and Singapore. It takes a lot longer and costs a lot of money," a Lufthhansa spokesman told the online edition of Der Spiegel magazine.

"It is a political dispute and there is nothing we can do but wait for it to be resolved on a political level."

He declined to comment on reports that Russia closed its airspace after Lufthansa allegedly refused to pay overflight taxes.

The European Union has negotiated an agreement with Russia under which Moscow will phase out by 2013 taxes on all European flights to Asia that fly over Siberia.

The charges cost European airlines about 330 million euros (476 million dollars) last year, but the agreement has not been signed and cannot therefore be implemented.

Lufthansa Cargo sends 49 flights a week over Russia to Astana, Kazakhstan, which is a hub for goods destined for all of Asia.

Aeroflot normally flies to Frankfurt airport more than 30 times a week. The German newspaper "Die Welt" reported that Aeroflot had rerouted its flights to Luxembourg.
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Old November 2nd, 2007, 06:34 PM   #143
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Russia to permit Lufthansa Cargo flights, but asks for landings in Siberia
2 November 2007

FRANKFURT, Germany (AP) - Russia's government agreed Friday to let Lufthansa Cargo resume flights through its airspace to the company's hub in Kazakhstan, and implied the airline would use a Siberian airport to deliver goods to Asia.

Peter Schnecklenleitner, a spokesman for Deutsche Lufthansa AG, said the company had not received any formal notification from the Russian Transport Ministry and reiterated that landing in Siberia was not an option.

"So far, there has been no formal approval," he told The Associated Press.

In its statement, the Russian ministry said it had extended permission for the airline to fly through Russian airspace to its cargo hub in Astana, Kazakhstan, through Nov. 15.

At the same time, it added that "German aviation authorities agreed to consider a proposal that Lufthansa Cargo planes will make transit stops at Krasnojarsk airport while on their way to Southeast Asia" and would notify them about such a move by Nov. 7.

Schnecklenleitner said that Lufthansa Cargo has no plans to use the Siberian city of Krasnojarsk as a hub, given its lack of infrastructure, technology and inclement weather conditions.

He said that Russia had blocked access to its airspace starting on Oct. 28, and sent the airline a letter asking they use Siberia instead.

"We received a letter that the Russian government is expecting Lufthansa to move hubs," he said. "That's no alternative for us. It's no question."

The ban has disrupted 49 cargo flights a week, forcing them to fly around Russian airspace to Astana, Kazahkstan, the company's main cargo hub on its lucrative routes to Asia. No passenger flights have been affected.

Lufthansa Cargo is a subsidiary of Lufthansa.

The letter countered a claim this week from the Russian Transport Ministry that said Lufthansa flights had not been banned, but were not permitted because the airline's temporary license expired Oct. 27.

In Berlin, a spokeswoman for the Transport Ministry said officials were holding "intensive" talks with their Russian counterparts about the issue.

"We are in intensive discussions with the Russians on the issue," said Sabine Mehwald, adding that the problem could be resolved through bilateral discussions and exchanges and it would not be necessary to involve the European Union.

On Monday, Russian airline Aeroflot Cargo reported that its flights had been briefly banned from flying to Germany. They resumed earlier this week.

Regarding the earlier overflight ban that had been imposed on Aeroflot Cargo, Mehwald said authorities had decided to lift it as "an act of good will."

------

Associated Press writers Bagila Bukharbayeva in Moscow and Melissa Eddy in Berlin contributed to this report.
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Old November 3rd, 2007, 01:55 AM   #144
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Quote:
Originally Posted by Kampflamm View Post
The new 747 will definitely look better than the A380
Just your opinion.
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Old November 10th, 2007, 05:44 AM   #145
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Lufthansa Denies Report On Pact With Russia On Hub Move
9 November 2007

FRANKFURT (Dow Jones)--German flag carrier Deutsche Lufthansa AG (LHA.XE) late Friday denied a report in German daily Frankfurter Rundschau that said Lufthansa signed a pact with Russia in the spring this year, under which the airline had agreed to move away from its cargo hub in Astana in Kazakhstan.

"There is no legally binding agreement," a Lufthansa spokesman told Dow Jones Newswires.

According to the report, Lufthansa agreed to move away from Astana if similar conditions will be created at the potential new hub of Krasnojarsk or Novosibirsk, both in Siberia.

In recent weeks, Russia has demanded that Lufthansa move its cargo hub to Krasnojarsk from Astana, although the German airline has opposed the suggestion, saying technical equipment at Krasnojarsk is insufficient.
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Old November 11th, 2007, 07:41 PM   #146
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Lufthansa says passenger numbers rose in October
9 November 2007

FRANKFURT, Germany (AP) - German airline Lufthansa AG said Friday that passenger traffic rose 6.3 percent in October after the company boosted capacity.

The total number of passengers carried last month climbed to 5.2 million, the company said in a statement. The load factor -- or the amount passenger capacity taken up -- rose 1.9 percentage points to 77.9 percent as capacity was boosted by 3.1 percent.

"The positive traffic data is the result of excellent performance in all traffic regions," Lufthansa said.

Including its Swiss subsidiary, the company carried nearly 6.4 million passengers.

Shares of Lufthansa fell more than 1 percent to euro18.25 (US$26.77) in Frankfurt.
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Old November 11th, 2007, 09:37 PM   #147
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Lufthansa "people" have been in Glasgow this week talking to BAA regarding possible routes from Glasgow International to Germany.
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Old November 13th, 2007, 05:12 PM   #148
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Russia says Lufthansa will fly if it moves hub

MOSCOW, Nov 13 (Reuters) - Russia said the cargo unit of German airline Lufthansa can fly through its airspace until Feb. 29 if the firm commits to moving its regional hub to a Russian airport, a Transport Ministry official said on Tuesday.

"We have the intention to extend temporary permission until Feb. 29. We will extend the permission today or tomorrow," Vladimir Tasun, head of the ministry's civil aviation regulation department, told reporters.

Tasun said the extension would be granted after Lufthansa clarifies its position regarding the move of its regional hub to a Russian airport.

Tasun said Russian and German aviation authorities agreed in February 2007 that Lufthansa will move its regional hub to the Krasnoyarsk airport in Siberia from Astana in Kazakhstan.

He said a German official had promised to give a timetable for the hub relocation on Tuesday.

Russia stopped Lufthansa cargo planes from flying through its airspace at the end of October and later gave permission for flights until Nov. 15.

The firm uses Astana, its second-biggest cargo airport after Frankfurt, as a connecting point for flights to southeast Asia. In 2006, it carried out 2,542 flights to and from China, Japan, South Korea via Astana.

Lufthansa said moving the hub to Krasnoyarsk was not a realistic option because the infrastructure there did not meet necessary requirements.

"It is clear that Lufthansa is trying to negotiate better terms," Tasun said, adding that Lufthansa asked Russia to install equipment needed for landing in low visibility conditions and halve tariffs.

"The airport officials are ready to examine all conditions put forward by Lufthansa," Tasun said.

He said the modernisation of the Krasnoyarsk airport would take about one year and cost up to 500 million roubles ($20.42 million). (Reporting by Anton Doroshev; writing by Maria Kiselyova; editing by Elaine Hardcastle)
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Old November 13th, 2007, 06:35 PM   #149
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It's blackmail. I can't believe that we're actually gonna give in to this crap.
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Old November 13th, 2007, 06:41 PM   #150
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Quote:
Originally Posted by Kampflamm View Post
It's blackmail. I can't believe that we're actually gonna give in to this crap.
Would this spark a chain reaction and force other airlines to make similar moves if they don't hub in Russia already?
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Old November 14th, 2007, 03:06 PM   #151
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Russia extends Lufthansa flyover deal for 3 months

MOSCOW, Nov 14, 2007 (AFP) - Russia's Transport Ministry announced Wednesday that it had granted a three-month extension to overflight rights for cargo planes from German airline Lufthansa.

A letter was sent to the German government stating that "given the partnership between our countries... the Russian aviation authorities are extending the flight license for Lufthansa Cargo via Astana airport until February 2008," a statement said.

The decision temporarily resolves a dispute which had briefly forced the aircraft to avoid Russian airspace on the way to Lufthansa's refuelling and freight distribution centre in Astana, capital of the Central Asian state of Kazakhstan.

Russia withdrew overflight rights for Lufthansa's freight division on October 28, saying a temporary agreement had elapsed.

The move was widely seen as a Russian bid to pressure Lufthansa to use an airport in Krasnoyarsk, Siberia, on Russian territory.
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Old November 15th, 2007, 07:46 PM   #152
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Overflight row with Russia not political-Germany

BERLIN, Nov 15 (Reuters) - A disagreement over the German military's right to fly through Russian airspace was an administrative problem, not a political dispute, Germany's defence minister said on Thursday.

"This is not a political issue," Defence Minister Franz Josef Jung told Germany's ARD public television.

On Wednesday Russian air traffic controllers ordered a German military transport plane with around 200 German soldiers out of Russian airspace, forcing it to return to Germany.

The plane was bringing the soldiers to a military support base in Uzbekistan for a routine rotation in Afghanistan, where Germany is part of a NATO peacekeeping mission.

Jung said that it was merely a problem of getting administrative approval.

"Today we have the approval," he said.

German airline Lufthansa <LHAG.DE> is locked in a dispute with Russia about overflight rights for its cargo planes.

Russia stopped Lufthansa cargo planes from flying through its airspace at the end of October, saying the German carrier should move its regional cargo transit hub from Astana in Kazakhstan to Krasnoyarsk in Siberia, as previously agreed.

Russia temporarily lifted the ban while the two sides try to resolve the dispute. Lufthansa has said it is willing to move its cargo hub to Russia. (Reporting by Louis Charbonneau; Editing by Ibon Villelabeitia)
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Old December 14th, 2007, 03:36 AM   #153
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Lufthansa Pays $300M for JetBlue Stake
Thursday December 13, 5:36 pm ET

NEW YORK (AP) -- Germany's biggest airline, Deutsche Lufthansa AG, said Thursday it is paying $300 million for a 19 percent stake in JetBlue Airways Corp., whose stock has lost about half its value since an operational meltdown last Valentine's Day.

The move, which could be a precursor to an eventual takeover if U.S. laws are changed, comes as the euro has risen significantly against the dollar, making U.S. companies seem like bargains for European buyers.

JetBlue CEO Dave Barger, who replaced founder David Neeleman this year, said the agreement "reaffirms our belief in JetBlue's disciplined growth plan and will also improve our balance sheet and give us greater financial flexibility as we move into 2008."

JetBlue shares rose 90 cents, or 14.4 percent, to $7.15 Thursday. But that still leaves them well below where they were in February when an ice storm hit New York, leading to a series of snafus that left passengers stuck in planes on taxiways for hours and ground much of its fleet for days.

The Forest-Hills, N.Y.-based airline, which began service in 2000 as a low-cost carrier, promised to beef up its staffing and take other steps to better deal with weather and other disruptions. But those added costs came just as fuel expenses were soaring. The airline posted a first-quarter loss and tepid earnings since then. It also scaled back its expansion plans.

The cash infusion will come in handy for JetBlue, which has $433 million in current debt payable that it otherwise would have been "hard-pressed to fund from cash flow from operations or cash on hand," according to a note from William Greene, an analyst at Morgan Stanley & Co.

In a statement, Lufthansa said it would acquire about 42 million newly issued shares from the JetBlue for $7.27 per share, a 16 percent premium over Wednesday's closing price.

A Lufthansa nominee will be appointed to JetBlue's board of directors once the deal is concluded. JetBlue said the deal does not require approval from its shareholders.

The deal provides for an "operation cooperation," but the companies said no specific areas of integration of flight schedules or systems have been identified.

"This investment presents Lufthansa with a compelling opportunity to invest in the U.S. point-to-point carrier market as the industry continues to evolve," said Lufthansa Chief Executive Wolfgang Mayrhuber.

In a conference call with investors and analysts, Barger said the transaction was purely financial, and that no code-sharing arrangements have been discussed.

If the airlines do agree to share codes, or let passengers book tickets that make it easier to move seamlessly from one airline to another, Lufthansa will benefit more than JetBlue from the deal, said Ray Neidl, an analyst at Calyon Securities in New York, because it will give the German carrier access to more passengers for its transatlantic flights from JetBlue's hub at New York's John F. Kennedy International Airport.

But the deal left some analysts scratching their heads.

"It's not clear to us what Lufthansa gains from such a transaction," Greene said. "It may be that Lufthansa wishes to ensure access to JFK and by taking a stake in JetBlue, Lufthansa ensures that it will have slots if the FAA reimposes (flight caps) at JFK."

JetBlue sells a single class of seat, whereas Lufthansa sells three classes, noted Bob Mann, an airline consultant in Port Washington, N.Y. Lufthansa may have a hard time convincing its first-class customers to jump from their large seats to JetBlue's economy-class seats, regardless of JetBlue perks like free DirecTV, Mann said.

"I am struggling with why this (makes sense)," Mann said.

Lufthansa already has code-sharing agreements with UAL Corp.'s United Airlines and US Airways, Mann noted. JetBlue's reservation system, meanwhile, doesn't accommodate code-sharing, he said.

But these problems could be easily fixed, Neidl argued.

A JetBlue stake also puts Lufthansa in the driver's seat for any potential longer-term takeover of JetBlue. Lufthansa is barred from such a takeover under current laws restricting foreign ownership of domestic airlines to 25 percent, but lifting that cap was a key demand of European negotiators during talks earlier this year on an "Open Skies" deal, which was reached in March.

The Bush administration proposed lifting the cap, but backed down in the face of opposition from U.S. airlines and labor unions, who feared its impact on jobs. Several members of Congress also opposed the proposal.

Barger said the companies did not discuss the possibility of an acquisition in the event the ownership restrictions were lifted.

"There was never really any dialogue about 'what if,' " said Barger, who added that the deal doesn't change JetBlue's strategy of avoiding takeovers and growing alone.

The Open Skies agreement, which is scheduled to take effect March 30, 2008, will allow airlines to fly from anywhere in Europe to the United States and vice versa. Currently, for example, London's Heathrow airport only grants access to four U.S. airlines.

But the agreement doesn't allow European Union airlines to fly between U.S. cities, giving a carrier such as Lufthansa an incentive to hook up with a U.S. airline.

Lufthansa, whose last acquisition was the airline Swiss, recently decided not to bid on Italian airline Alitalia SpA. Mayrhuber has said Lufthansa is looking for acquisition candidates.

AP Business Writer Christopher S. Rugaber in Washington contributed to this report. Matt Moore reported from Frankfurt, Germany.
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Old December 14th, 2007, 04:30 PM   #154
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Weird move. I guess Lufthansa is shying away from making big decisions like buying Iberia or Alitalia.
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Old December 14th, 2007, 07:07 PM   #155
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No not really, and the deeling I have is that Lufthansa is more likley to bid for Spanair, than Iberia. They are also looking to buy bmi when SMB decides to reitre, from their 30% minus one share holding, to become heathrows second largest carrier with 17% of the slots, Lufthansa isnt shying away from big decisions, they are doing what any sensible company does, try to make a profit, and protect its shareholders.

the article also has a mistake when it says 4 US carrier have access to heathrow under Bermuda 2, only two do United, and American (With Virgin atlantic and bristish, being the UK ones) until March.
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Old December 14th, 2007, 10:02 PM   #156
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Quote:
Originally Posted by Kampflamm View Post
Weird move. I guess Lufthansa is shying away from making big decisions like buying Iberia or Alitalia.
Not Alitalia: nobody wants it.
It's fleet is too old fashioned now.

* 10 Boeing 777-200
* 13 Boeing 767-300

* 23 Airbus A321-100
* 11 Airbus A320-200
* 12 Airbus A319-100
* 76 McDonnell Douglas MD-80 / MD-82
* 10 ATR 72
* 14 Embraer 145
* 6 Embraer 170
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Old December 15th, 2007, 06:39 PM   #157
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ANALYSIS - Lufthansa-JetBlue deal may be start of a trend
14 December 2007

NEW YORK (Reuters) - Deutsche Lufthansa AG's surprise swoop for a 19 percent stake in discount U.S. carrier JetBlue Airways Corp could be the start of a large-scale ownership grab in the global airline industry.

Lufthansa's plan to invest $300 million in JetBlue establishes a bridgehead for Europe's third-largest carrier in the important New York market a few months before traffic between the U.S. and Europe is due to be liberalized.

With talk of mergers among U.S. airlines in full swing, Lufthansa's move could prompt other international carriers to secure partners in the world's largest air travel market, as competing global airline alliances tussle for key assets.

"I think we're going to see more of these deals," said Stuart Klaskin of aviation consultancy Klaskin, Kushner & Co. "I think you'll see partnerships of foreign airlines buying stakes in U.S. carriers."

NEW YORK ACCESS

New York's John F. Kennedy International Airport, where JetBlue has its hub and jostles for dominance alongside AMR Corp'sAmerican Airlines and Delta Air Lines Inc, is a linchpin for European and other international carriers.

The airport offers access to the lucrative New York market and connections to destinations throughout the U.S. But delays have been chronic and could lead to a clamp-down on arrivals and departures.

"The primary strategic play here is JFK," said Bill Swelbar, a research engineer at MIT's International Center for Air Transportation.

"With the world's focus on JFK and slots at JFK, how that may stand in the way of international service from one of the most important points on the global map is very important," he said. "Clearly the wheels are turning in the minds of the strategists."

Lufthansa's move comes as its Star Alliance -- one of the three major global airline partnerships -- expands aggressively. Star Alliance, which vies with American Airlines' oneworld and Air France's SkyTeam, allows airlines to widen their reach through connections with partner airlines.

State-run national carrier Air India said on Thursday it would join Star Alliance, which also includes UAL Corp's United Airlines. Earlier this week, Air China and Shanghai Airlines formally joined Star Alliance, as it adds partners in key Asian markets.

To counter the expansion by Lufthansa and Star Alliance, Air France, which is already bidding for its SkyTeam partner Alitalia, might be interested in securing its partnership with Delta, even as the third-largest U.S. airline mulls its merger options.

Likewise, British Airways Plc and American Airlines could be forced into the fray.

"If I'm SkyTeam, I might be concerned about someone else making a play for Delta," said MIT's Swelbar.

"As SkyTeam and Star get stronger and stronger, can American and BA afford to sit idly by and watch the world change?" he asked. "Maybe we are looking at transformational deals here."

Aside from European carriers, airlines from the Mideast and Asia such as Singapore Airlines Ltd, Japan Airlines Corp, Qantas Airways Ltd, and Emirates may also be interested in similar deals with U.S. carriers, said Klaskin.

But U.S. regulatory approval could still hobble Lufthansa's ambitions and thwart other deals too.

"The foreign ownership rules remain a possible stumbling block," said Joe Schwieterman, transportation expert at DePaul University in Chicago. Competing airlines could pressure regulators in Washington to "drag their feet" in approving the Lufthansa investment, he said.
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Old December 24th, 2007, 08:09 AM   #158
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LH to terminate in the Philippines

Lufthansa will stop Manila service from March 30 of 2008, operated as FRA-CAN-MNL with an A346, Guangzhou will become terminator destination with A343. KLM will become the only European carrier to fly into MNL.

Sad thing. We'll miss Lufthansa. Hope they will return. Thanks for the memories.
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Old January 1st, 2008, 05:09 PM   #159
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Lufthansa to buy BMI?

Newbie here and Happy New Year Everyone!

Just thought I would ask if there was any news from German side about Lufthansa's strong rumoured take over of BMI?

According to the pprune boards it's a pretty done deal!

http://search.ft.com/ftArticle?query...nclick_check=1
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Old January 2nd, 2008, 12:47 PM   #160
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what is Lufthansa's annual profit?
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