Transport Airlines

Lufthansa wants to be in battle-ready state in case merger with Turkish happens

Nov 18, 2012 10:46 am

Skift Take

Looks like the Lufthansa-Turkish merger or deeper strategic tie-up is very likely going to happen, as both sides are getting ready for it.

— Rafat Ali

Sponsored by:

Discover the Top Travel Brands on Social Media

German flagship carrier Deutsche Lufthansa is shaping up its business to have an equal footing should it take part in any global merger talks in the future, its chief executive told a German paper.

“Should there be negotiations over mergers across continents in the future, we want to be at the table, but at eye level,” CEO Christoph Franz told Frankfurter Allgemeine Sonntagszeitung in an interview published on Sunday.

The chairman of Turkish Airlines said last week that talks with Lufthansa over furthering their cooperation will begin next month.

Speculation about plans for deepening ties between the two airlines was triggered this month when Turkish Prime Minister Tayyip Erdogan said he had agreed with German Chancellor Angela Merkel to “joint management” of the companies.

The Lufthansa CEO said in the interview that it was too early to comment on Turkish Airlines.

Lufthansa last month said it would widen its cost-cutting drive to counter rising fuel prices and sluggish growth in its core market.

(Reporting by Ludwig Burger; Editing by David Cowell)

Tags: ,

Next Up

More on Skift

TripAdvisor Selects New Advertising Agency in Bid to Retool Campaign
Daily Travel Startup Watch: EatWith, Smooth Operator and More
What It’s Like to Fly a Hawaiian Airlines A330 Into Beijing
Why Personalized Data Matters to Boosting Your Bottom-Line

We're the Moneyball of the Travel Industry

We know what's coming next in travel. Subscribe to the newsletter and get all the goodness in your inbox daily.