Politics weakens competitiveness: Lufthansa cancels the Frankfurt-Beijing line?
Germany’s Lufthansa is considering suspending its daily route from Frankfurt to Beijing due to strong competition from other airlines.
A decision will be made by October, a Lufthansa spokesman said, adding that the airline is always evaluating and optimizing its list of destinations.
The revision does not affect the daily flight from the southern city of Munich to the Chinese capital, he added.
Lufthansa faces growing international competition, it said, calling for support from German and European authorities.
European air carriers are in extremely unequal competition with China, as well as carriers from the Persian Gulf and Turkey, it is stated.
The airline believes its competitors outside the European Union benefit from lower costs, weaker employment regulations and government investment.
Another factor is the ability of other carriers to use Russian airspace – unlike European and American carriers – resulting in shorter routes and lower costs.
Lufthansa said EU airlines are struggling with political conditions that have weakened their competitiveness, including rising taxes and fees, high regulatory requirements, climate policies and inadequate infrastructure.
German and European leaders must respond to the imbalance with a new industrial policy, it concludes.
Source: Seebiz
Photo: Beta_AP
Source: bizlife.rs
