Lufthansa Group and Air China sign commercial joint venture

The Lufthansa Group and Air China signed a wide-reaching partnership agreement in Beijing which will enable the two aviation groups to jointly operate all connections between Europe and China as part of a commercial joint venture. This means that the two companies will successfully implement what they agreed to do as part of a memorandum of understanding in summer 2014. The joint venture aims to significantly expand their mutual code-sharing connections and enhance their commercial partnership. This will allow the Lufthansa Group to continue pursuing its partnership-driven Asia strategy. Following a joint venture with the Japanese airline All Nippon Airlines (ANA) and a joint venture with Singapore Airlines, which was signed in November 2015, this is now the Lufthansa Group’s third enhanced partnership in Asia.