Bullish on the Indian market, which contributed 21 per cent to its Asia Pacific passenger business revenue, German airlines Lufthansa is exploring the possibility of operating to new destinations in the western and eastern region of the country, including Kolkata.
Lufthansa vice-president, Asia & Pacific, Uwe Mueller, said in Bangalore that the European carrier was evaluating new destinations and a decision is expected within the next 4-5 weeks.
General manager (passenger sales India & director South Asia), Werner Heesen said expert teams from Lufthansa were "scanning and screening" the markets, and "airport infrastructure and profitability of the routes are being looked at."
"Kolkata is one of the important candidates," Heesen said. "There are a lot of development taking place in Maharashtra and Gujarat," he added in the context of likely new destinations that Lufthansa may add.
Lufthansa currently operates 42 flights out of India per week; twice daily flights from Delhi to Frankfurt and Munich, and once daily flight to Frankfurt from Mumbai, Chennai, Bangalore and Hyderabad.
Japan contributed 35 per cent to Lufthansa's Asia Pacific revenues, followed by India 21 per cent and China 17 per cent.
He said while Europe continues to be Lufthansa's "bread and butter" market contributing 38.1 of the revenues, Asia Pacific, now at 17.2 per cent, "is the growth market."Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group


