Markets By TradingView
4361
0

Lufthansa settles the dispute with Condor for the time being

Lufthansa settles the dispute with Condor for the time being. A final decision by the German authorities in the case is still pending.

Lufthansa settles the dispute with Condor for the time being
Yazar: Tom Roberts

Yayınlanma: 17 Nisan 2021 05:46

Güncellenme: 25 Ekim 2024 07:55

Lufthansa settles the dispute with Condor for the time being

In the dispute with Condor over its feeder flights to long-haul connections of the holiday airline, Lufthansa steers in. "Lufthansa has agreed to continue the SPA contract with Condor until March 2022," said a Lufthansa spokesman. The extension has already been implemented. A "Special Prorate Agreement" enables Condor to offer customers with one booking a transfer flight from Lufthansa to the departure point of their long-haul flights. Lufthansa terminated the contract at the end of 2020, effective June 1, 2021. Condor defended itself against it with complaints and lawsuits at the Federal Cartel Office and the EU court in Luxembourg because Lufthansa would abuse its leading market position. After a preliminary examination, the Cartel Office shared Condor's position. The EU Commission had also put pressure on so that Lufthansa would not make business difficult for its smaller competitor. On the other hand, Condor was told that the deal brings Lufthansa 50 million euros in profit each year. The main reason for the dispute is that Lufthansa wants to enter the long-distance tourism business more with the new Eurowings Discover platform. Both airlines are supported with government financial aid in the Corona crisis and are tough competitors in the fight to restart the flight business, which has been hard hit by the pandemic. Main proceedings are in progress at the Bundeskartellamt and a decision must be made after twelve months at the latest. Lufthansa continues to assume that the termination is legally possible. The airline is in a good and constructive exchange with Condor. "We are in talks with Lufthansa," said a Condor spokeswoman, but did not comment on the issue.
En Popüler Haberler

Yorum Yap

Yazılan yorumlar hiçbir şekilde Son Ekonomi Haberleri - Türkiye Dünya - ieconomy.io görüş ve düşüncelerini yansıtmamaktadır. Yorumlar, yazan kişiyi bağlayıcı niteliktedir.

Yorumlar

Henüz yorum yapan yok! İlk yorumu siz yapın...

Borsa, Kripto, Hisse, Emtia ve Döviz Haberleri

ieconomy: Türkiye'nin en kapsamlı ekonomi haber sitesi. Son dakika haberleri ve en güncel haberler ieconomy'da.