LH Sees Alliance With Air India A Restraint To Gulf Carriers
News LH Sees Alliance With Air India A Restraint To Gulf Carriers Aviation Daily Dec 21 , 2009 , p. 18 Neelam Mathews Lufthansa views its partnership with Air India as a line of attack against the hasty growth of Gulf carriers that are fast eating up market share of Indian and European carriers by offering cut-throat fares and using the Dubai hub successfully to divert onward traffic to the East Coast of the U.S. and Europe. “We will not be able to push them [Gulf carriers] out of the market. We’re maintaining our market share [for the moment]. Also, there are limits to growth of the Gulf carriers. However, we not underestimate their power,” Karl Ulrich Garnadt, member of the Lufthansa Board told The DAILY. Garnadt was responsible for Network Management at Lufthansa for five years up to 2004. He was also group representative and head of hub management in Munich and instrumental in signing an agreement with Air India in 2004 that resulted in code sharing and Lufthansa’s agreeing to prov...