Word: lufthansa
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Lufthansa thinks it is time to end the confusion and give the traveling public what it wants-low and simple fares." With that explanation, Guenter Eser, Lufthansa's manager for North and Central America, unfurled a fare package that may well touch off a new round of price cutting over the North Atlantic...
...already rejected a compromise fare proposal worked out this past summer in Montreal by other members of the International Air Transport Association. The proposal, which included special advance-purchase excursion (Apex) fares for passengers who buy their tickets three months ahead of departure, could not go into effect without Lufthansa's approval, since all such IATA decisions must be unanimous. Lufthansa, the only holdout, stalled past the final deadline last week, then announced its own, even lower round-trip fares between New York and Frankfurt. They...
...resulting every-man-for-himself situation will probably lead to lower fares, but few airline men are willing to guess how soon or how low. The first move will probably be made by Lufthansa itself. The line has already dis closed plans for a 14-to 60-day excursion fare of about $210 round trip between New York and Frankfurt, v. $442 now for 17 to 28 days and $372 for a 29-to 45-day ticket. The fare would apply to passengers of all ages, un like the similarly priced youth fares that Lufthansa and a number of other...
Faster Cash. In the end, the new fares will probably turn out to be similar to those in the IATA plan rejected by Lufthansa. That arrangement, worked out by IATA representatives in Montreal this summer while pickets protested their secret meetings, came after members began underpricing each other with youth fares. It calls for retention of the student prices for ages 12 to 21 and introduction of an advance-purchase excursion plan. Under APEX, as the ar rangement is called, passengers who buy their tickets 90 days ahead of time would receive substantial fare reductions. Lufthansa considered APEX...
Some IATA members cling to the hope that a compromise can be reached before transatlantic chaos sets in. Says Fabrizio Serena, a deputy director gen eral of Alitalia: "Lufthansa has been making noises to the effect that it might possibly review its position if the rest of us make some move toward them." If they come at all, conciliatory moves will probably be made next week, when IATA members meet in Miami to dis cuss fares to Asia and Latin America...