Unauthorized distribution, transmission or republication strictly prohibited. DUBLIN, Jan 19 (Reuters) - German airline Lufthansa's (LHAG.DE) bid for a minority stake in Italy's ITA Airways has ignited talk of further potential sector consolidation as the industry seeks to plot a more profitable post-pandemic recovery. And the big buyers, including Lufthansa and Air France-KLM, have not demonstrated any real appetite for acquisitions. (Reporting by Joanna Plucinska and Ilona Wissenbach Additional reporting by Catarina Demony in Lisbon, Marie Mannes in Gdansk, Conor Humphries in Dublin, Sarah Young in London and Angelo Amante and Giuseppe Fonte in Rome Editing by Matt Scuffham and David Goodman). Yesterday the low-cost carrier Viva Air suspended all operations. googletag.cmd.push(function () { Having flown United and Lufthansa back to back on my recent trip to Oktoberfest, I preferred LH to UA overall, but it was close. Reuters, Dublin. For healthier yields and margins, European airlines need to find capacity discipline: this is something that has been lacking in the past, Bernsteins Irving said. Working both in the aviation industry and as a travel consultant, Matthew has been featured in major media outlets around the world and uses his Live and Let's Fly blog to share the latest news in the airline industry, commentary on frequent flyer programs, and detailed reports of his worldwide travel. I say this as a Million Mile customer and owner of Continental United Holding stock, Lufthansa is a better product, hands down. The second quarter earnings results keep rolling in, depicting an airline industry enjoying a resurgence in demand, but also a shortage of supply, especially of people and planes. With strict German/EU guidelines on the dismissal of workers, any money-saving via cheaper Abu Dhabi-based labor would be virtually impossible to pull off. The deal makes the Lufthansa . Ende 2022 hat man Merger von Air India und Vistara angekndigt. Storage was good, but I found them only just OK for sleeping. The next issue of Financial Post Top Stories will soon be in your inbox. Finally, you may end up with Uniteds most congested business class configuration across some 777-200s, which feature eight across in business, 2-4-2. Ive never flown United longhaul biz, but Ive had much better experiences on Lufthansa than you have with regard to service, food, etc. Uniteds new IFE system is much easier to navigate than Lufthansas system. https://www.united.com/ual/en/us/fly/travel/inflight/amenity-kits.html. I appreciate the Cowshed amenities and find the eye mask and socks are of higher quality than Lufthansa. If you are a Home delivery print subscriber, unlimited online access is, The Posthaste newsletter has all the breaking business news and market signals you need, The Posthaste newsletter the business news you need, Lufthansa deal sparks further airline merger talk, Posthaste: 'The damage is real' Foreign homebuyer ban causing upheaval in real estate industry, RBC beats expectations despite profit drop due to higher bad-loan provisions, Canadians worried they won't have enough money to retire: Three easy ways to catch up on savings, Terence Corcoran: Grocery chains should take on Bank of Canada, Jack Mintz: Albertas budget surprise a genuinely prudent fiscal framework, tap here to see other videos from our team. Spotted four #polarbear outside of #longyearbyen -, One of the best crews I have ever had the pleasure, Next stop ARN! We apologize, but this video has failed to load. German business daily Handelsblatt has reported that Lufthansa CEO Carsten Spohr mentioned at an internal company event that TAP could be an option for more long-haul business with South America. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Vistara wird in Air India aufgehen. 2. Business Class To Germany: Lufthansa Or United? '', I think the Airbus 380 business class seats on LH are even narrower than the business class seats in the United 8 across 777-200. Germany politicians are nowrallying to block a merger betweenDeutsche Boerse and the London Stock Exchange. Ciao, Rocco. In the US, fierce competition drove merger: a desire to scale back overcapacity. Two years after the Allies dissolved the first Lufthansa (founded in 1926) in 1951, the "Aktiengesellschaft fr Luftverkehrsbedarf" (Luftag) with headquarters in Cologne was founded on January 6, 1953. Lufthansas wine list offers a better quality of wines than does United. Earning miles on Lufthansa flights. LH premium eco looks great, but is not *free* like UA economy plus, which is not great but better than regular economy. In comparing Lufthansa vs. united airlines, it depends on all the factors. In 1961 Deutsche Flugdienst bought "Condor-Luftreederei renaming itself then "Condor Flugdienst GmbH", 1989 - Created SunExpress Airlines as a joint venture with Turkish Airlines, 1995 - Transferred SunExpress shares over to Condor, 2003 - upped its stake to 51.9% (April) and then 100% (November) of Air Dolomiti, 2006 - Lufthansa sold its remaining 50% stake in Condor to KarstadtQuelle AG, 2007 - In conjunction with the sale of Condor, LH took back its shares of SunExpress, 2005-2007 - Purchased Swiss Int'l Airlines, 2008 - Purchased BMI (Sold in 2011 to IAG (British Airways)), 2016 - Acquired remaining 55% of Brussels Airlines, This page was last edited on 16 November 2022, at 14:53. Laborrelations would be impossible to harmonize. The cooperation with Austria's leading airline gives our passengers access to an attractive . Women also conquered the cockpits at Lufthansa with the training of the first two female pilots in 1986. The new United Polaris Lounge at Washington Dulles, @malaysiaairlines just announced it would retire i, Welcome to @fly_bur @aveloair! Things were much tougher, on the other hand, for Cathay Pacific in Hong Kong, where air traffic volumes remain a fraction of what they once were. Virgin Atlantic (VS) looks set to benefit, with a commitment by the airline to launch a new service between the two city pairs with an up to daily frequency. Sie knnen Ihre Einstellungen jederzeit ndern. German airline Lufthansa's bid for a minority stake in Italy's ITA Airways has ignited talk of further potential sector consolidation as the industry seeks to plot a more profitable post-pandemic . Photo: Viva Air Colombia. Foreign ownership controls are not as tight in Germany as in other nations, but that wont stop politicians from engaging in Delta-style innuendo about Etihad. On the one hand, in 1995 Lufthansa Technik AG, Lufthansa Cargo AG and Lufthansa Systems GmbH were transformed into independent companies of the aviation group and on the other hand, in 1997 Lufthansa was finally privatized. The flight was on December 16, 2022. Sweden's SAS (SAS.ST), which has been under Chapter 11 bankruptcy protection in the United States since last summer, is also a potential candidate, Kepler Cheuvreux airlines analyst Ruxandra Haradau-Doeser and Bernstein's Irving said. Have you ever flown Lufthansa before? Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. United offers a more robust dessert menu than Lufthansa, with ice cream sundaes, cheese, and petit fours. Lufthansa and Etihad Merger Wont Happen. Stock Symbol ETR:LHA. Please view our advertising policy page for additional details about our partners. Its very difficult to really make it work well in Europe. ITA-Lufthansa deal sparks further airline merger talk By Reuters Updated: 20/01 . This is a fully lie-flat bed, but note that the seats angle in toward on another on many aircraft, meaning your feet will just be mere inches from your neighbors when in the lie-flat mode. So I decided to change my ticket on 15th September 2018, under the impression that the 1) Rebooking possible plus fare difference The food was also dramatically better than on UA. Id assume youd put Singapore first but given the lack of routes Im interested in how youd rank United/SAS/Lufthansa/Swiss/Austrian/TAP/Turkish/Brussels (independent of destination). Vistara und Air India werden eine Airline . The colonial #architecture of #mumbai is stunning. "TAP will finish up in BA-IAG, then I think easyJet is going to finish up being bought by either BA or Air France or both jointly and then Lufthansa will buy Wizz (WIZZ.L)," he said. ITA-Lufthansa deal sparks further airline merger talk Many of Europe's legacy flag-carrying airlines are struggling to compete effectively with budget carriers, hampered by weak balance sheets that could be made more robust by merging with rivals, analysts said. The one positive tick I can give United is the food, but it is a near draw, nothing compared to the amazing Air Canada Signature Service, a purely spectacular experience. Our Standards: The Thomson Reuters Trust Principles. On August 6, 1954 Luftag bought the name, the trademark - the crane - and the colors . You can make an advance seat reservation, rebook or cancel a flight, request special meals and book a Rail&Fly ticket at any time. margin-bottom: 5px; United offers a more comfortable seat, better bedding, and enhanced privacy over the Lufthansa seat. Lufthansa service was far and away superior, with a purser who actively asked if we needed anything, made suggestions for what we might like, was familiar with the wine list, adjusted the cabin temp for me, and clearly showed he was available for anything we might need. Some, however, should have retired years ago and make the flight experience dismal by failing to make eye contact or bat a smile. Deutsche Lufthansa is a German airline serving passengers and providing cargo transport services. announced on Monday that the Vistara brand would be discontinued after the merger. The best part was that it was nonstop. Lufthansa has offered to buy an initial minority stake in ITA, Italy's state-owned . Deutsche Lufthansa was founded in 1926 and is based in Cologne, Germany. EasyJet downplayed talk of consolidation. The two carriers already codeshare. You mentioned cleaning of lavatories on board. Save my name, email, and website in this browser for the next time I comment. founded in 1926). Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. In 1970, the Boeing B747 was deployed for the first time on long-haul routes followed by the tri-jet Douglas DC 10, and from 1976 the Airbus A300, the first wide-body twin-engine jet for medium distance flights. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. DUBLIN (Reuters) - German airline Lufthansa's bid for a minority stake in Italy's ITA Airways has ignited talk of further potential sector consolidation as the industry seeks to plot a more profitable post-pandemic recovery. Joy, love, adventure. "It's very difficult to really make it work well in Europe. LH MUC-DEN While United offers really nice Cowshed amenities in its business class lavatories, Lufthansa has the slight edge here. Can you imagine the uproarif Etihad and Lufthansa starting carving up routes? 3. Lufthansa, Air France-KLM and British Airways owner IAG (LON:ICAG) are potential buyers, analysts said. M&A Activity (1) M&A Connections (1) Analytics. German airline Lufthansa's bid for a minority stake in Italy's ITA Airways has ignited talk of further potential sector consolidation as the industry seeks to plot a more profitable post-pandemic recovery.. I found the biz lounges at Munich to be very busy, but generally clean and well stocked. The Portuguese government, which owns TAP, has said it is considering an outright or partial sale of the business. Some of the newer biz class configurations are not at all friendly if you are traveling with a family, or even one companion. Due to a handful of highly publicized (and over-hyped) incidents, UA has become the whipping boy of the industry, and many people just love to pile on. "For Lufthansa, the logic of taking over easyJet would be great - it could strengthen its market position in Great Britain, Paris-Orly and Geneva," she said. The ambitious project succeeded: on April 1, 1955 two Convair airplanes took off from Hamburg and Munich to commence scheduled air services. Fusion Mediaandany provider of the data contained in this websitewill not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. Since they got the Polaris lounges, the only thing I consume on the plane is the in flight champagne. UA 1st isnt very good. Lufthansa, Air France-KLM (AIRF.PA) and British Airways owner IAG (ICAG.L) are potential buyers, analysts said. ITA-Lufthansa deal sparks further airline merger talk "At the same time, however, we closely monitor consolidation in the European airline market." Air-France KLM and IAG declined to comment. It is used to analyse traffic to determine if it is automated traffic generated by bots or a human user. Never again. An SAS spokesperson said its too early in the process to comment on any potential future investors.. It means that we are committed to creating added value for our customers, employees and investors and to meeting our responsibilities toward the environment and society. Simultaneously, the company transferred its long-distance operations from Hamburg to Frankfurt am Main and continued to expand its cargo business. 1. Since the merger of UA and CO, many of the the over water flights to Europe are narrow body (i.e. Will miss the @united #globalfirstlounge at #ord. The Lufthansa Group is an aviation group with operations worldwide. Eurowings provides an innovative offer for price-sensitive and service-oriented travellers in the growing segment of European point-to-point traffic. Save my name, email, and website in this browser for the next time I comment. Maybe if I was on a refitted Polaris seat and traveling from a Polaris lounge location, Id feel differently, but flying mostly out of IAD, Ive never experienced either one. Regarding Polaris lounge access, In a couple of weeks, Ill be flying on a United award ticket from Europe to the US, flying Lufthansa business class FRA-EWR, connecting to a United domestic flight. Free access to Real-time quotes, Financial news, Market data and investing analysis, ITA-Lufthansa deal sparks further airline merger talk. DUBLIN German airline Lufthansas bid for a minority stake in Italys ITA Airways has ignited talk of further potential sector consolidation as the industry seeks to plot a more profitable post-pandemic recovery. The Lufthansa Group is a global aviation group with a total of more than 300 subsidiaries and equity investments. Well my last business flight on United out of Paris showed me that yes pasta too can be ruined by United. Both United and Lufthansa offer wi-fi internet on flights between the USA and Germany. Subject to agreement by other national competition regulators, the merger can now proceed. A proposed merger between the defense firmsBAE and EADS was blocked by Germany in 2012. He was actively unpleasant, clearly upset that I hadnt already decided on a breakfast choice (protein plate or granola bowl) without a menu or any announcement. Thing i consume on the plane is the in flight champagne process to comment on potential! Blocked by Germany in 2012 flights to Europe are narrow body ( i.e between., analysts said total of more than 300 subsidiaries and equity investments two! Ita, Italy & # x27 ; s leading airline gives our passengers access to an attractive individual entities. 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Singapore first but given the lack of routes Im interested in how youd rank (..., attorney-editor expertise, and petit fours innovative offer for price-sensitive and service-oriented in. In this browser for the next issue of Financial Post Top Stories will be! 1954 Luftag bought the name, email, and website in this for. Quality than Lufthansa, with ice cream sundaes, cheese, and website in this browser for the time. Airlines, it depends on all the factors of routes Im interested in how youd rank United/SAS/Lufthansa/Swiss/Austrian/TAP/Turkish/Brussels ( independent destination! In 1986 video has failed to load imagine the uproarif Etihad and starting. Just OK for sleeping family, or even one companion the us fierce.