GERMAN flagship carrier Deutsche Lufthansa is shaping up its business to have an equal footing should it take part in any global merger talks in the future, its chief executive told a German paper.
“Should there be negotiations over mergers across continents in the future, we want to be at the table, but at eye level,” CEO Christoph Franz told Frankfurter Allgemeine yesterday. Talks with Lufthansa over furthering their cooperation will begin next month.
Speculation about plans for deepening ties between the airlines was triggered when Turkish Prime Minister Tayyip Erdogan said he had agreed with German Chancellor Angela Merkel to “joint management”.
City A.M. Reporter