It has been announced that a 2-year old memorandum of understanding between Air China and Lufthansa will be implemented at the beginning of the summer season of 2017 to provide jointly-operated flights in and out of China-Europe.
The joint venture will enable the two airline operators to collaborate more closely to increase the number of code-share flights and will also include subsidiaries of Lufthansa, Austrian Airlines and Swiss International.
Carsten Spohr, of Lufthansa said, ‘This ground-breaking joint venture will fundamentally strengthen our competitive position on routes between Europe and China.’
Chairman of Air China, Cai Jianjiang said, ‘[The joint venture] is another major step of Air China’s globalisation strategy. We will further expand network coverage in China and Europe, enhance the flight connections in beyond markets and optimise flight schedules.’