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Despite stalled growth in China, Brazil and Russia, a wave of newly middle-class travelers from the BRICs and beyond will start visiting international destinations in the coming decades — dwarfing the numbers we’ve seen thus far.
The appointment of Carsten Spohr has been rumored for two weeks now. We agree with Deutsche Bank.
Deutsche Bank’s fund management unit DWS is growing impatient with German airline Lufthansa’s delay in appointing a new chief executive, Frankfurter Allgemeine Zeitung said.
Henning Gebhardt, a fund manager at DWS, told the paper Lufthansa was taking too long to appoint a successor to Christoph Franz who said in September he would leave to join Swiss pharmaceuticals company Roche .
Lufthansa has a potential replacement candidate in the form of Carsten Spohr, who is currently in charge of the passenger airline business, Gebhardt was quoted as saying.
“As investors we have the impression that Carsten Spohr is the right man for the top job,” Gerbhardt told the paper. DWS is Germany’s largest retail fund manager.
(Reporting by Edward Taylor; Editing by Sophie Hares)