AIR CANADA AND Lufthansa have unveiled a major transatlantic strategic alliance between the two airlines, to take effect from 1 June. No equity exchange is involved in the deal.
The move comes as the Canadian airline is about end its tie-up with Air France, and Lufthansa is set to drop its agreement with Canadian Airlines.
The new Air Canada/Lufthansa axis will focus on the development of code-share flights between the two countries, giving Air Canada access beyond Germany to Central and Eastern Europe. Lufthansa will have rights to Canadian cities through the major gateways. Both airlines are already closely linked with United Airlines, forming a trilateral transatlantic power bloc.
Source: Flight International