Lufthansa plans to build up a much larger low-cost operation that, if implemented, would make it number three in size in the European low-fare market behind Ryanair and Easyjet. New CEO Carsten Spohr announced plans for a new intra-European carrier as well as a new airline that would focus on long-haul low-cost operations, possibly in cooperation with Turkish Airlines. "Three quarters of all long-haul trips are private and 80% of European trips are leisure-oriented," Spohr said ...

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