by Lufthansa Flyer | Sep 19, 2012 | Uncategorized |
My month-long contest that will award the winner 10,000 “Miles & More” Miles is slowly drawing to a close. The contest formally ends at midnight eastern time on the 21st of September (this coming friday). If you haven’t entered yet, time is running out!
Remember that you can enter one time per each Contest Entry Post that I published this month, so if you’ve been paying attention to the site this month, you should have 4 entries. If you are new to LufthansaFlyer.com or forgot to enter using one of the Contest Entry Posts, this will be your final reminder!!
Here are the links to the 4 Contest Entry Posts in case you missed any of them:
Contest Entry Post 1
Contest Entry Post 2
Contest Entry Post 3
Contest Entry Post 4
Thanks again to everyone who has entered and made the contest such a success!
PLEASE NOTE: ANY COMMENTS LEFT ON THIS POST WILL NOT COUNT AS ENTRIES!
by Lufthansa Flyer | Sep 19, 2012 | Uncategorized |
Reported earlier this morning by Reuters, Lufthansa has entered an arrangement with Australia’s Algae.Tec whereby Lufthansa will arrange for the financing to cover the construction costs of a dedicated BioFuel plant. Lufthansa itself will not be a stakeholder in the project. The plant will be located in a European country, close to industrial CO2 sources.
According to the press release from Algae.Tec, Lufthansa will commit to purchasing at least 50% of the output of the plant at an agreed up price with Algae.Tec.
No timeline for the project has been set, and final approval will still be required from Lufthansa’s Supervisory Board.
Lufthansa has been leading the way in determining the viability of alternative BioFuels for use in commercial airliners. It has successfully demonstrated the safety and savings that are achievable with BioFuel, so this step makes perfect sense in Lufthansa’s evolution towards the use of BioFuels on a regular basis throughout its fleet.
Earlier this year Lufthansa completed its BioFuel trials when a 747 flew from Frankfurt To Washington DC partially fueled with BioFuels. The trial had lasted 6 months and involved nearly 1200 flights within Germany using aircraft with a 50/50 blend of BioFuel and aviation fuel.
by Lufthansa Flyer | Sep 17, 2012 | Uncategorized |
After speculation that Lufthansa may have been a suitor for Portugal’s national carrier, Lufthansa has decided to not pursue the acquisition of TAP from the government of Portugal.
According to the Wall Street Journal, the Portugese were gathering preliminary bids that were due last Friday and Lufthansa confirmed that it did not submit a bid. According to Lufthansa, they want to focus on their existing business and challenges and not bring on any other distractions at this time. At this point in their business cycle, I think it’s a wise decision.
Earlier this year, rumors had circulated that both Lufthansa and IAG (British Airways/Iberia parent) were interested in adding TAP to their collection of airlines. IAG also confirmed that it did not present a bid by Friday’s deadline.
The Portugese government committed that it would sell/privatize TAP by the end of the year and is under pressure to do so in light of economic challenges that Portugal is facing.
I’m not sure if this means the REAL end of the process or if it is just an opening gambit in order to get a better deal on the TAP assets. TAP does have a lot of value for the right price because of it’s existing routes to South America that Lufthansa and British Airways have always coveted.
