{"id":97167499,"date":"2010-08-25T14:10:00","date_gmt":"2010-08-25T14:10:00","guid":{"rendered":"http:\/\/www.cheapoair.com\/miles-away\/lufthansa-says-global-airline-mergers-to-increase\/"},"modified":"2010-08-25T14:10:00","modified_gmt":"2010-08-25T14:10:00","slug":"lufthansa-says-global-airline-mergers-to-increase","status":"publish","type":"post","link":"https:\/\/www.cheapoair.com\/miles-away\/lufthansa-says-global-airline-mergers-to-increase\/","title":{"rendered":"Lufthansa Says Global Airline Mergers to Increase"},"content":{"rendered":"<p align=\"center\">\n&nbsp; \n<\/p>\n<p align=\"center\">\n<strong>Intercontinental mergers will increase in the future <\/strong>\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nLufthansa, the German airline, said industry mergers combining international partners would increase as companies seek higher margins.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nLufthansa, the second biggest airline in Europe, purchased Brussels Airlines along with the unprofitable Austrian U.K. units last year as traffic and fares decreased during the recession.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nGlobally announced airline mergers total $12.8 billion 2010, compared with $8.2 billion for all of 2009. This year deals include UAL Corp.&rsquo;s acquisition of Continental Airlines Inc. and Santiago-based LAN Airlines SA&rsquo;s purchase of Brazil&rsquo;s TAM SA.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\n&ldquo;The trend toward consolidation will become more intercontinental in the next years than is currently the case,&rdquo; the head of Lufthansa&rsquo;s subsidiary airline brands, Stefan Lauer, told reporters on Tuesday. &ldquo;It remains an exciting topic.&rdquo;\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\n<em>Source:<a rel=\"nofollow\" href=\"http:\/\/www.bloomberg.com\/news\/2010-08-25\/lufthansa-forecasts-increase-in-intercontinental-mergers-executive-says.html\" target=\"_blank\"> Bloomberg <\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Intercontinental mergers will increase in the future &nbsp; Lufthansa, the German airline, said industry mergers combining international partners would increase as companies seek higher margins. &nbsp; Lufthansa, the second biggest airline in Europe, purchased Brussels Airlines along with the unprofitable Austrian U.K. units last year as traffic and fares decreased during the recession. &nbsp; [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-97167499","post","type-post","status-publish","format-standard","hentry","category-other"],"_links":{"self":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/97167499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/comments?post=97167499"}],"version-history":[{"count":0,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/97167499\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/media?parent=97167499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/categories?post=97167499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/tags?post=97167499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}