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Lufthansa revamps to fend off Gulf, low-cost airlines

It will organise its airlines into two units, one focused on premium services and the other on no-frills flights

Frankfurt

DEUTSCHE Lufthansa AG said it will organise its airlines into two units, one focused on premium services and the other on no-frills flights, to tackle the double threat from low-cost carriers offering cheaper tickets in Europe and competitors from the Persian Gulf outclassing it

sentifi.com

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