Company Watch - LTU German Airlines.Mar 5, 2007 LTU LTU Luleå Tekniska Universitet (Luleå University of Technology; formerly Luleå Tekniska Högskola) LTU Lithuania LTU La Trobe University (Australia) LTU Lufttransport-Unternehmen GmbH German Airlinessaid talks are continuing with potential investors in the airline. LTU last month revealed it was in talks with several parties interested in taking a stake in the airline, including Condor's majority owner Thomas Cook For the company, see Thomas Cook AG. Thomas Cook (22 November 1808 – 18 July 1892) of Melbourne, Derbyshire, founded the travel agency that is now Thomas Cook AG. He was brought up as a strict Baptist and joined his local Temperance Society. - which is being acquired by retailer KarstadtQuelle. LTU is 55% owned by investment group Intro and 45% by Meerbusch-based Marbach Beteiligung und Consulting (MIC), the investment organisation linked with LTU chief Jurgen Marbach Mar 2, 2007 LTU German Airlines unveils new livery LIVERY, Engl. law. 1. The delivery of possession of lands to those tenants who hold of the king in capite, or knight's service. 2. Livery was also the name of a writ which lay for the heir of age, to obtain the possession of seisin of his lands at the king's hands. F. N. B. 155. 3. , investor talks continue. German leisure carrier LTU has unveiled a new livery to coincide with delivery of its latest Airbus A330-200 and signifying Signifyin' (slang) is an African-American rhetorical device featuring indirect communication or persuasion and the creating of new meanings for old words and signs. Signifying, in this sense, includes repetition and difference, implication and association, combining words and its development beyond pure charter operations. LTU's latest A330-200, which will take its long-haul fleet up to a dozen, enters service in May and will debut LTU's new livery. While retaining red and white as its principle colours, the new design scaps the current red colouring across the upper fuselage. The tail remains red and this slopes to and runs along the underside of the fuselage. A silver strip will separate the red and white portions of the fuselage. Mar 2, 2007 LTU German Airlines and Condor confirmed they are discussing a possible tie-up six months after LTU MD Juergen Marbach said the two might forge a partnership in the wake of Air Berlin's acquisition of dba. "We are in concrete talks. Currently we are discussing what cost savings could be achieved," LTU majority owner Hans Rudolf Woehrl told the dpa news service. He said he believes a merger could achieve [euro]70 million ($92.5 million) in savings but that progress would be slow, in large part because Condor is involved in other partnerships and is majority owned by KarstadtQuelle. Lufthansa holds 25% of Condor. Mar 2, 2007 LTU German Airlines is working to reposition itself through an extension of its long-haul network and an effort to attract more business travelers. It will add an A330-200 this month and by the next winter schedule will launch 14-times-weekly flights to Bangkok Bangkok (băng`kŏk'), Thai Krung Thep, city (1990 pop. 8,538,610), capital of Thailand and of Bangkok prov., SW Thailand, on the east bank of the Chao Phraya River, near the Gulf of Thailand. , thrice-weekly service to Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and twice-weekly flights to Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. from either Munich or Dusseldorf. It is expecting positive results in 2007 after more than a decade in the red. Marbach said he is anticipating a 5% increase in revenue this year. LTU flew 5.75 million passengers last year with an 82.1% load factor. Mar 2, 2007 03/05/2007 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Feb 26, 2007 |
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