Lufthansa Confirms NetJets Deal, Reveals Growth Plans

AINalerts » March 10, 2011
March 10, 2011, 11:04 AM

Lufthansa Private Jets confirmed the relaunch of its partnership with NetJets Europe, following the closure of its Swiss Private Aviation subsidiary. The German airline also has announced plans to expand its executive charter service into Middle Eastern and U.S. markets later this year. Under the new deal, Lufthansa passengers will be able to book flights in NetJets aircraft with as little as 10 hours’ notice. The available fleet of more than 150 aircraft in Europe includes Hawker 400XPs, as well as Cessna Citation XLSs and Gulfstream G550s. Because it needed increased capacity to meet rising demand for flights, Lufthansa has said it decided to resume an alliance with NetJets, which had previously run from the launch of Lufthansa Private Jets in 2005 until late 2007. A message at the Swiss Private Aviation website says that “as the result of an internal restructuring,” the company ceased operating last month. Lufthansa will likely try to sell its subsidiary’s fleet of Cessna Citation CJ1+s, CJ3s, XLSs and Hawker 800s.

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