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Mar30
India becoming an attractive market for Deutsche Lufthansa AG (ADR)

From India , Lufthansa now gets 21% of its Asia Pacific passenger business revenue. India has become the second largest market in Asia Pacific after Japan (37%). With the positive growth in Indian economy and India's emergence as ICT power means that more and more business executives are flying to and from India. Encouraged by positive growth in the Indian market, Lufthansa bosses are now seriously contemplating the idea of covering more destinations in India.

 Right now Lufthansa operates ' 42 flights out of India per week'  and the carrier has flights from Delhi, Mumbai, Chennai, Bangalore and Hyderabad . It seems that Lufthansa is covering all the major Indian cities. Yes, it is- except one city. If you do not cover Kolkata then you are not addressing the market of eastern region of India. Lufthansa is seriously exploring the idea of adding Kolkata in its list. The airline is also thinking of some other cities, especially in the western region of India.

 

Lufthansa's interest towards the Indian market is a strong indication that India is becoming as one of the most attractive markets for the airlines industry. 


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