Lufthansa targets India as an investment area

German carrier Lufthansa is eyeing Japan, India and China as its focal point of future investments in the Asia-Pacific region. Japan accounts for Lufthansa's 40 per cent market share in the region, followed by India's 18 to 20 per cent, leaving China in the third position. Speaking on the resumption of Lufthansa's direct Kolkata-Frankfurt thrice-a-week service after a gap of 35 years, the airline's executive vice-president (Marketing and Sales) Thierry Antinori said in India Lufthansa was targeting 20,000 outbound passengers per week. The airline, which made Kolkata its sixth destination as against four in China, is working out details for adding another destination in the country. Asked to be specific, he said Amritsar was the likely destination. "We are eventually planning to increase the number of destinations to 10 in the next three to four years," he said. Lufthansa is at present operating its flights from Frankfurt to Delhi, Mumbai, Chennai, Bangalore, Hyderabad and Kolkata. Kolkata has now become Lufthansa's 20th destination in Asia. About Lufthansa's strategic alliance with Air-India and private airline Jet Airways, Antinori said Lufthansa had a code-sharing arrangement with Air-India since 2004 and a partnership with Jet Airways from May this year.

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