deutsche lufthansa-reg (LHA) Snapshot

Lufthansa Group which consists of Lufthansa, SWISS and Austrian airlines offered new services from Jakarta. The airlines wanted to connect passengers traveling from cities such as Surabaya (East Java), Denpasar (Bali), Medan (North Sumatra), Balikpapan (East Kalimantan) and Semarang (Central Java) to Europe. The three airlines would partner with national flag carrier Garuda Indonesia, Singapore Airlines, Thai Airways, Value Air and Silk Air to transport Indonesian passengers to Lufthansa’s hubs in Singapore or Bangkok for the final leg to Europe.

Lufthansa has appointed Barbara Schadler as head of corporate comms. She succeeds Jurgen Homeyer, who took over the role on an interim basis in December when Klaus Walther moved into a wider project management role with the company, after 13 years. Schadler, who takes over on July 1, moves from business management software firm SAP, where she was senior vice-president of global comms. She was previously chief marketing officer at Fujitsu Siemens Computers and has held senior comms roles at RWE Energie. Schadler will report to the company CEO and chairman Dr. Christoph Franz.

Go Airlines Pvt., Ltd. is reportedly looking for a buyer for its 49% stake. GoAir, part of the Wadia Group, has appointed JPMorgan Chase & Co. to look for a foreign strategic partner to buy up to 49% in the low-cost passenger carrier, four people close to the development said. The potential buyer include Deutsche Lufthansa Aktiengesellschaft (DB:LHA), Qatar Airways and The Emirates Group. "GoAir is in talks with three to four overseas airlines from Europe and the Middle East to sell up to 49% stake," an investment banker with direct knowledge of the development said. "The company is in talks with German carrier Lufthansa and Dubai-based Emirates and Qatar Airways, among others," said a second investment banker involved in the deal. "As a company policy, the airline does not comment on market speculation," GoAir's spokesperson said to Economic Times.