Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Lufthansa set to expand network in Middle East  Join our daily free Newsletter

MENAFN - Khaleej Times - 08/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) "It was again a record year for Lufthansa in the Middle East. All in all Lufthansa Group offered flights to more than 104 million guests in 2013," said Carsten Schaeffer, Vice President Sales and Services Southeast Europe, Middle East and Africa



The latest regional figures reflect an increase of more than 10 per cent compared to 2012 and a trust bestowed on the airline specifically for its attractive fares on premium services and easy connections, he said at a Press conference



"The UAE has been part of Lufthansa's network for more than 35 years - a long period and passengers can rely on Lufthansa delivering the service that we are known for and take them to their destinations in utmost convenience and comfort," said Schaeffer as he introduced the carrier's new general manager to the UAE



"Especially our 20 per cent capacity increase during this summer, which was announced at the Arabian Travel market last May, has paid off perfectly - a nice achievement our new UAE general manager Karsten Zang can build on," said Schaeffer



Zang will also be director for Gulf and Pakistan. He follows Peter Pollak who has been promoted to a new job at in Frankfurt



"Karsten has a vast experience in managing emerging markets therefore we are welcoming an experienced Lufthansa manager who has shown how to successfully orchestrate sales in globally challenging times," said Schaeffer. "We bid farewell to a dear colleague who has been working diligently over the last years in Dubai. Peter and his team have ensured that Lufthansa's services have found loyal and pleased customers," he said



Lufthansa names new chief executiv



FRANKFURT - Lufthansa named Carsten Spohr, currently head of its passenger business, to take over as its new chief executive in May



"The supervisory board of Deutsche Lufthansa has appointed Carsten Spohr as the future chairman of the executive board and chief executive officer during a meeting" on Friday, the airline said in a statement. The 47-year-old "will assume his new role effective May 1, 2014.



The current CEO, Christoph Franz, 53, announced last September that he would not be available for an extension of his contract after it expires in May



He is moving to Swiss pharmaceuticals giant Roche. - AF



Schaeffer said Lufthansa's network would grow further in the Middle East. With more than 140 weekly flights from 14 destinations it is the largest programme ever performed



"We are looking back on more than 50 years of flying to the Middle East and right after the start of Lufthansa in 1955 this region became very important for being connected to Europe and America - building on this heritage is an important pillar of our services here. We will soon see more important milestones till we are celebrating 60 years of flying to the region," Schaeffer added



Zang said Lufthansa committed itself to invest one million euro every day (excluding the new airplane orders) till 2015 in better-ground and onboard services. "New seats in all classes, individual inflight entertainment in Economy Class, innovative First Class and Business Class as well as brand new lounges, will help us define new industry standards," explained Zang



New highlights to be introduced this year will be Lufthansa's new Premium Economy Class on all long-haul airplanes as well as inflight entertainment solution on short- haul flights, he said



The latest aircraft orders from Lufthansa stand at 295 airplanes from the new Bombardier C-Series to the world longest, the Boeing 747-8, and the world largest airplane, the Airbus A380. In total Lufthansa is investing more than ‚36 billion at list prices till 2025

 


Khaleej Times




  MENA News Headlines
 Mar 3 2015 - Cruise liner traffic bound for Abu Dhabi to grow 25 percentMENAFN
(MENAFN) An increase of 25 percent in cruise liners calling at Zayed Port will help to lift the number of cruise tourists by 50 percent this season, The National reported.This season above 94 vessels ...

 Mar 3 2015 - UAE non-oil business growth declines in FebruaryMENAFN
(MENAFN) Business activity growth in the UAE non-oil private sector decreased to a five-month low in February but remained strong and above the average for 2014, a corporate survey showed, The ...

 Mar 3 2015 - Kuwait Fund grants USD23.8m to irrigation project in Lao RepublicMENAFN
(MENAFN) Kuwait Fund for Arab Economic Development (KFAED) has signed a loan agreement in the city of Vientiane with the Democratic Republic of Lao, whereby the Kuwait Fund will offer the government ...

 Mar 3 2015 - Bahrain to launch USD22b development projectsMENAFN
(MENAFN) The government of Bahrain will be carrying out giant development projects with a value exceeding USD22 billion, Minister of Information said, KUNA reported.Bahrain is continuing with its ...

 Mar 3 2015 - KFAED finances USD13.47m loan to BelizeMENAFN
(MENAFN) Kuwait Fund for Arab Economic Development (KFAED) provided a USD 13.47 million loan to Belize to help in a road restoration project, a statement by the fund showed, KUNA reported.The ...

 Mar 3 2015 - FDI in Qatar posts USD30.65bMENAFN
(MENAFN) Foreign direct investments (FDI) inflow to Qatar registered USD30.65 billion at the end of 2012, a 1.2 percent growth from a year ago. Though the FDI has targeted various economic activities ...

 Mar 3 2015 - Oman's Raeco to invest USD395.75m for power expansionsMENAFN
(MENAFN) A total of USD395.75 million will be invested by Rural Areas Electricity Company (Raeco) in the next three years to raise the power generation capacity, transmission lines and distribution ...

 Mar 3 2015 - Kuwait Investment to cut US investmentMENAFN
(MENAFN) The Kuwait Investment Office (KIO), the London branch office of sovereign wealth fund Kuwait Investment Authority, is gradually reducing its overweight stance on US assets after keeping that ...

 Mar 3 2015 - Oman's NDC hits sales revenue of USD60.47m in 2014MENAFN
(MENAFN) National Detergent Co. (NDC), one of the leading FMCG companies in the sultanate, has posted total sales revenue of USD60.47 million for full-year 2014, compared with USD56.13 million a year ...

 Mar 3 2015 - 100 per cent rise in FDI expected this yearKhaleej Times
(MENAFN - Khaleej Times) Egypt expects 100 per cent increase in foreign direct investment, or FDI, during the current fiscal year compared to last year, Investment Minister Ashraf Salman said on ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help