“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
Lufthansa Private Jets Considers New Bizjet Vendor
Lufthansa is weighing possible new options for providing executive charter services through its Lufthansa Private Jets service. The process could lead to a resumption of its alliance with NetJets Europe, with a decision on this expected next month. The German flag carrier's subsidiary Swiss International Air Lines has spent the last few weeks engaged in a formal consultation process over the future of its Swiss Private Aviation division, which is currently the main provider of flights for Lufthansa Private Jets. The consultation is required under Swiss labor laws whenever a company is considering the closure of an operation and the possible loss of jobs. A spokeswoman for Swiss told AIN that the consultation was completed last week and the various options for the future of Swiss Private Aviation are now being considered, with closure appearing to be the likely outcome. A Lufthansa spokesman told AIN that decisions about possible future partners for its private jet operation had not been taken, adding that 2010 was the division's most successful year to date. NetJets Europe would not respond to 'rumors' about the possibility of a resumption in its partnership with Lufthansa. The fractional provider had supplied aircraft for Lufthansa Private Jets until the two companies suspended their cooperation in late 2007.