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Lufthansa Italia to shut down at end of October
By Kurt Hofmann | May 25, 2011
0 Share EmailPrintLufthansa said it will shut down Italian subsidiary Lufthansa Italia and change its focus in Italy to bringing passengers to LH’s major European hubs. «Given the slump in prices on European routes and the competition, it was extremely difficult to establish a profitable European network under a separate brand,» stated LH Chairman and CEO Christoph Franz. «It therefore makes sense to focus the Lufthansa Group’s offering on connecting the Italian market to the group’s hubs.»
The brand will exist until the end of October. Its eight Airbus A319s will then be integrated within the LH Group. LH established the Italian subsidiary in spring 2009 after Alitalia significantly shrank, but LH Italia never made a profit, insiders told ATW.
LH Italia operates to London, Paris and on Italian domestic routes. LH regional subsidiary Air Dolomiti will extend its network, especially between Italy and Germany, to compensate for LH Italia’s demise.
LH Executive Board Member Carsten Spohr commented, «We are the most successful foreign airline in Italy and we want to consolidate our position. By shifting capacities from Lufthansa Italia to our core brand Lufthansa and strengthening Air Dolomiti, we will be able to offer our customers an even higher quality network of services via our hubs.»
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