30 countries. Customers: In addition to Lufthansa Group companies approximately 150 other airlines make up the customer base of Lufthansa Flight Training and train their crews there. In 2008 Lufthansa Flight Training succeeded in closing long-term contracts with additional customers. They include Air Berlin, LuxAir, Condor and Croatia Airlines. Significant Events The company has a partnership with TACA (Transportes Aereos del Continente Americano), an airline headquartered in San Salvador, El Salvador, under which it would offer codeshare flights to two new destinations in Central and South America from 1 April 2009. Shanghai Airlines Co., Ltd. and Deutsche Lufthansa AG enhanced business relationship. The Code-sharing agreement between is being expanded. There are to be 12 code-sharing flights between the two carriers. Three weekly roundtrip code-sharing flights between Nanjing and Frankfurt are to be operated by Lufthansa Airlines, a part of Deutsche Lufthansa AG. Bonus miles can be earned by members of Shanghai Airlines' Frequent Flyer Programme on the new flights and can use it to exchange for gifts provided by Shanghai Airlines and other members of Star Alliance. The company and DHL Worldwide Express, Inc. announced a joint venture to provide air freight service between Germany and Asia. On August 31, 2009, Deutsche Lufthansa AG announced that it has signed a code share agreement with JetBlue Airways Corporation. On October 21, 2009, Transaero, Inc. and Deutsche Lufthansa AG signed a Special Prorate Agreement (SPA) for flights of both airlines. According to the SPA, starting from November 1, 2009 both airlines agreed on a special settlement for transfer passengers from Russian regions to Germany and further to other destinations within Lufthansa's broad route network, and, on the other hand, for the passengers from Germany arriving in Moscow who will be able to continue their trip with Transaero flights. On October 27, 2009, Continental Airlines Inc. has entered into bilateral commercial agreements with all of the existing 24 Star Alliance members. These agreements define the business relationships underpinning the Star Alliance brand and services, including reciprocal earning and redemption of frequent flyer miles. In addition, Continental has signed code-sharing agreements with four Star Alliance members-United, Deutsche Lufthansa AG, Air Canada and bmi. In November 2009, Deutsche Lufthansa AG announced that following the introduction of its summer 2010 timetable, it is introducing, together with its codeshare partner Ethiopian Airlines, two additional weekly flights between Frankfurt and the Ethiopian capital Addis Ababa.
lufthansa-spons adr (DLAKY:OTC US)
|Air France-KLM||€7.75 EUR||+0.132|
|Carnival PLC||3,176 GBp||+152.00|
|China Southern Airlines Co Ltd||CNY7.79 CNY||-0.27|
|International Consolidated Airlines Group SA||598.00 GBp||+11.00|
|United Continental Holdings Inc||$67.08 USD||+2.11|
|View Industry Companies|
Sponsored Financial Commentaries
To contact LUFTHANSA-SPONS ADR, please visit www.lufthansagroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.