Lufthansa in alliance talks with Jet, QuikJet for cargo operations

04 Feb 2008

1

Mumbai: German carrier, Lufthansa, has confirmed that it is in negotiations with full-service Indian carriers Jet Airways and Bangalore-based cargo airline QuikJet to form a strategic alliance for cargo operations.

The announcement comes after the Indian government, under its foreign direct investment (FDI) policy review, allowed foreign carriers to own 74 per cent in cargo operations.

Earlier, foreign investment was not permitted in cargo airline operations.

Lufthansa officials said that they see India as a strategic market and would like to be the number one carrier in cargo operations. They would like to partner Indian carriers, including Jet Airways and QuikJet, for operations to Europe and other forward destinations.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers