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Company Watch - Lufthansa.


Jun 25, 2007

At Le Bourget Le Bourget is a commune in the northeastern suburbs of Paris, France. It is located 10.6 km. (6.6 miles) from the center of Paris.

A very small part of Le Bourget airport lies on the territory of the commune of Le Bourget, which nonetheless gave its name to the airport.
 in 2005, executives from Air France Air France
 in full Compagnie Internationale Air France

French passenger and cargo airline with more than 200 destinations in some 80 countries. It introduced supersonic Concorde service in 1976, but financial loss led the company to cease its Concorde
 and leading maintenance, repair and overhaul Maintenance, Repair and Overhaul or MRO is a multi-billion dollar industry which works on international authorization rules to deliver a safe airline operation and to assure reliability and availability of customer fleets.  specialist Lufthansa Technik signed an agreement that brought into being a company called Spairliners. With just two employees, it's probably the smallest enterprise of its kind in the industry - but it aims to pack a big punch when it comes to providing spares for the Airbus A380. Hamburg-based chief executive Jean-Luc Fattelay and chief financial officer Georg Fanta head a lean team of about a dozen people seconded from the two parent companies. Their mission, says Fattelay, is to provide Air France, Lufthansa and as many other A380 operators as they can sign up with the component support they need to keep their aircraft flying and earning. Jun 20, 2007

British Airways British Airways
 in full British Airways PLC

International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines.
, Lufthansa operate via Sao Paulo. The new operation will be five times per week, while alternative routings from Europe include Iberia via Madrid and a daily service by Air France from Paris Charles de Gaulle. With a population of 12m, Greater Buenos Aires Greater Buenos Aires (Spanish: Gran Buenos Aires) is the metropolitan area of the city of Buenos Aires, Argentina, which consists of the Federal Capital and the following 24 partidos (administrative subdivisions) of the Province of Buenos Aires:
 is the largest metropolitan region in Argentina, and the second-largest in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere.  as a whole, after Sao Paulo. Nearly all of Germany's blue-chip, DAX-listed companies have a branch within the catchment area catchment area or drainage basin, area drained by a stream or other body of water. The limits of a given catchment area are the heights of land—often called drainage divides, or watersheds—separating it from neighboring drainage  of Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , Lufthansa points out. Buenos Aires is a most vibrant of cities. Lufthansa also operates daily services from both Frankfurt and Munich to Sao Paulo Likewise, passengers from Chile can fly to any of the airlines' three hubs in Europe. Star Alliance, to which both partners are affiliated, does not currently have a partner in South America. Jun 21, 2007

Brazilian planemaker Embraer said it had signed a firm order with Lufthansa for 30 of its 190 model regional airliner A regional airliner is a small airliner designed to fly between 35 and 100 passengers from point to point, generally within one country. This class of airliner are typically flown by the regional airline divisions of the larger international airlines, although they perform cargo  and a deal with Japan Airlines for 10 of the smaller 170 model. Japan Airlines also took options on five more 170s, Embraer announced at the Paris air show The Paris Air Show (Salon International de l'AĆ©ronautique et de l'Espace, Paris-Le Bourget) is an international trade fair for the aerospace business. It is held at Le Bourget airport near Paris, France every odd year, alternating both with the Farnborough International . The deals are worth over USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$1 billion at list prices and could top USD$3 billion if all options and purchase rights are exercised, Embraer said in a news release. Embraer competes with Canada's Bombardier in the market for regional airliners List of regional airliners
These aircraft are distinguishable from other airplanes because of their significance in filling the short-hop role in the hub and spoke model of passenger and cargo distribution.
. Jun 18, 2007

Lufthansa is returning to Frankfurt - Buenos Aires from Sunday October 28 after pulling off the route in February 2005. It will become the longest non-stop flight on the Lufthansa network with a scheduled time of around 13.5 hours. The route will be flown by a Boeing 747-400 in a three-class configuration. Now that Lufthansa and Swiss have harmonised their timetables, various combinations of points in both Europe and South America are available. Swiss flies daily from Zurich to Sao Paulo and from there on to Santiago (Chile). Jun 21, 2007

Lufthansa is returning to Frankfurt - Buenos Aires from Sunday 28 October after pulling off the route in February 2005. It will become the longest non-stop flight on the Lufthansa network with a scheduled time of around 13.5 hours. Jun 21, 2007

Lufthansa Rules Out Entering Alitalia Contest. Lufthansa, wisely, will not enter the bidding contest for Italian carrier Alitalia, the German airline's Chief Executive Wolfgang Mayrhuber said. Jun 22, 2007

Lufthansa, wisely, will not enter the bidding contest for Italian carrier Alitalia, the German airline's Chief Executive Wolfgang Mayrhuber said. There were a number of reasons why the German airline would remain "very cautious" in its acquisition strategy, despite Italy's decision to give potential suitors more time to bid, he said. Italy on Thursday gave bidders for Alitalia more time to submit binding offers after one candidate said it was open to considering new partners and US private equity fund MatlinPatterson re-entered the fray. Jun 22, 2007

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Publication:Airguide Online
Date:Jun 25, 2007
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