SIA Group, Lufthansa Group launch joint venture

SIA and Lufthansa Group launched a joint venture covering flights between Singapore, Australia, Germany, Switzerland, Austria and Belgium Oct 1. Additionally, flights operated by SIA, Lufthansa and SWISS between Singapore and Dusseldorf, Frankfurt, Munich and Zurich will be included in a revenue-sharing agreement between the two airline groups. The joint venture agreement was originally signed Nov 2015, and SIA-operated flights between Singapore and Dusseldorf began July 2016. The Competition Commission of Singapore approved the JV in Dec 2016. SWISS began daily flights between Singapore and Zurich this past March, and Lufthansa is planning to reintroduce Singapore-Munich service from March 2018. <br/>