Airlines may sell seats on each other's planes
Photo © James Richard Covington, Jr
Swissair and Deutsche Lufthansa are in talks about selling seats on each other's flights as the troubled Swiss airline looks for help, Swiss Sonntagszeitung reported on Sunday.
During talks about the well-reported merger of their computer units, Swissair Chief Executive Mario Corti and Lufthansa Chief Executive Juergen Weber began discussions over code-sharing, the paper reported, citing an unnamed company source.
Swissair stumbled to a 1.9 billion (euro) loss last year after taking stakes in loss-making regional airlines, such as Belgium's Sabena. Since, the airline's CEO quit in March and his replacement is selling off the holdings as well as profit making non-airline units to win cash.
(...)Such a cooperation would only be lucrative for Swissair if it included trans-continental routes or a merger of the company's catering units, the paper said. The move could also help CEO Corti form a luxury airline as such a move makes it unattractive to partner American Airlines.
Photo © Peter Unmuth - Vienna Aviation Photography
interesting, isn´t it?
it´s not the first time SR and LH are in codeshare talks. i believe in ´96 or´97 LH was lobbying SR to form an alliance but eventually SR rejected.
but i don´t think if such an agreement would come to be it would go much beyond a deep codeshare partnership because of LH´s heavy presence in central european and because of the massive scrutiny LH already faces from european authorities...