Company Watch - Lufthansa.For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Aug 7, 2006 Lufthansa's UK customers will have a choice of six destinations in India from December 1 2006, with the start of a new service to Kolkata (formerly Calcutta) from the airline's Frankfurt hub. The German flag carrier will serve India's third-largest city three times a week with quick and easy connections to UK regional points. Bangalore, Chennai (formerly Madras), Delhi, Hyderabad and Mumbai (formerly Bombay) are the other points served. http://www.lufthansa.co.uk Aug 5, 2006 Lufthansa declines to combat rising foreign ownership. Lufthansa said yesterday that it has no plans to exercise its right to buy back shares as foreign control of the German flag carrier exceeded 40% for the first time. Under European law, a company would forfeit its operating license and rights to fly to destinations outside Europe if foreign shareholders hold the majority of its capital, Lufthansa said. Aug 4, 2006 Lufthansa partially owned subsidiary 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. AG sold subsidiaries Thomas Cook Overseas and Thomas Cook Lebanon to Dubai Financial, a Dubai Investment Group The Dubai Investment Group (DIG) is a subsidiary and member company of Dubai Holding. The company was originally called The Investment Office but was re-named in May 2005 to better reflect its ties to Dubai. subsidiary. Aug 4, 2006 Lufthansa Systems Lufthansa Systems AG is one of the world’s leading IT service providers for the airline and aviation industry. It has around 3,320 employees in several locations in Germany and offices in 17 countries and is headquartered in Kelsterbach near Frankfurt. will provide IT support for Air One, Al Salam 319, Contact Air and Wind Jet. LHS (filename extension) lhs - The filename extension for literate Haskell source files. also said it completed implementation of its ProfitLine/Yield Rembrandt revenue management solution at Smart Wings Smart Wings is a low-cost airline based in Prague, Czech Republic. It operates services to several European destinations. History The airline was established and started operations in 2004 and is wholly owned by the Czech airline Travel Service. . Jul 31, 2006 Lufthansa Technik saw its six-month operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. fall 19.6% to [euro]111 million, Lufthansa Logistics more than doubled its operating result to [euro]47 million, Thomas Cook AG narrowed its loss to [euro]200 million and LH Systems' operating profit declined 16.7% to [euro]20 million. Jul 31, 2006 |
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