01 Feb 2017 14:30
Abu Dhabi, UNITED ARAB EMIRATES – Etihad Aviation Group and Lufthansa German Airlines, part of Europe’s largest aviation group, today unveiled details of a new commercial partnership.
two airline groups have concluded a US $100 million global catering agreement
and a Memorandum of Understanding (MoU) to cooperate in aircraft maintenance,
repair and overhaul.
a press conference today in Abu Dhabi, the chief executives of both airline
groups spelled out plans to broaden their commercial partnership.
Hogan, Etihad Aviation Group President and Chief Executive Officer, said: “Partnerships
are at the heart of our strategy and remain fundamental for us to compete
effectively and efficiently in a complex and competitive global market.
collaboration with one of the aviation industry’s most established and
recognised brands is undoubtedly the most significant non-equity partnership
with an airline we have ever announced.
partnership is the platform for a much wider strategic collaboration between
our two organisations. It demonstrates the commitment of the Etihad Aviation
Group Board and Abu Dhabi to our European growth strategy.”
Spohr, Lufthansa Group Chairman and Chief Executive Officer, said: “We welcome
the opportunity to strengthen our cooperation with the Etihad Aviation Group.
Together we can create added value for our customers and shareholders.
Partnering with the Etihad Aviation Group fits perfectly the Lufthansa Group’s
global strategy for our passenger airlines and service companies.”
four-year catering contract will see Lufthansa’s LSG Sky Chefs provide catering
services to Etihad Airways in 16 cities in Europe, Asia and the Americas. This
makes LSG the largest provider of catering services to the UAE’s national
airline, outside its Abu Dhabi home base.
Aviation Group and Lufthansa Technik (LHT) also signed an MoU to explore cooperation
in maintenance, repair and overhaul services across Etihad Airways and its
airline equity partners, and opportunities for synergies with Etihad Airways
Airways and Lufthansa are also exploring further cooperation in a number of
areas, including freight operations, procurement and passenger services to
improve their competitive offering globally and in the European market.
previously announced codeshare between the two airline groups goes on sale
today, 1 February, for flights between Abu Dhabi and Germany. Lufthansa will
place its ‘LH’ code on Etihad Airways’ twice daily flights between its Abu
Dhabi hub and both Frankfurt and Munich. Etihad will put its ‘EY’ code on
Lufthansa’s long-haul, non-stop intercontinental services between its home base
of Frankfurt, the business and commercial capital of Germany, and Rio de
Janeiro in Brazil and the Colombian capital, Bogota as soon as government
approval is obtained.
codeshare agreement will grow both carriers’ global networks, giving Lufthansa
increased access to important feeder markets throughout the Indian Subcontinent
via Abu Dhabi, while Etihad will gain access into South America through Germany.
facilitate both connectivity and the customer experience associated with this
codeshare, the Abu Dhabi-based airline will also move its operations at
Lufthansa’s hubs, from Terminal 2 to Terminal 1 in Frankfurt, and Terminal 1 to
Terminal 2 in Munich.
The Lufthansa Group signed an agreement in
December 2016 with airberlin, in which Etihad Aviation Group holds a 29 per
cent stake, for the wet-lease of 38 aircraft. Lufthansa’s point-to-point
carrier Eurowings will wet lease 33 aircraft, and Austrian Airlines, a
Lufthansa Group airline, will take on five aircraft. The agreement between
Eurowings and Air Berlin, signed on 16 December 2016, will last for six years
and is slated to begin on 10 February 2017 when the first aircraft starts
operating for Eurowings.