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Saturday, 17 December 2016

Lufthansa, Etihad to explore deeper links after code-share deal | GulfNews.com

Lufthansa, Etihad to explore deeper links after code-share deal | GulfNews.com:
"Deutsche Lufthansa AG and Etihad Airways PJSC of Abu Dhabi agreed to share seat sales in the first step of what could be deeper cooperation between the former adversaries.
The two airlines will initially code-share on Etihad’s twice-daily flights linking Abu Dhabi with Frankfurt and Munich, and the German carrier’s services connecting Frankfurt with Rio de Janeiro and Bogota, according to a joint statement on Friday. The deal is a by-product of a cut-rate lease for 38 planes with the Arabian Gulf carrier’s ailing partner Air Berlin Plc.
The agreement offers Etihad another bridgehead in Europe, where it has struggled to make partnerships with Air Berlin and Alitalia work. For Lufthansa, it’s the first linkup with any of the Gulf carriers, which Chief Executive Officer Carsten Spohr had criticised as competing unfairly. Those disputes appear to be in the past as overcapacity in the European aviation market depresses fares just as oil prices threaten to increase costs."

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