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Lufthansa Seeks Sweeping Business Model Changes, Targets LCC Market
July 10, 2014
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...
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