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Anyone flying a Swiss is usually willing to pay a higher price. The Swiss airline, owned by the German Lufthansa Group, is considered a first class airline and may apply the relevant prices. But when boarding the plane, passengers are always greeted with a surprise in the form of an aircraft of another company, such as Latvian Air Baltic or Helvetic Airways.
“I find this wrong and unacceptable because I prefer the original,” Klaus-Michael Kühne (85) said in an interview with “Manager-Magazine” a few weeks ago. He spoke to Lufthansa boss Carsten Spohr (56) about it. “He says he has no other way because of the lack of staff. Lufthansa has the best offer on long-distance routes, which I have great respect for. But when it competes with low-cost airlines, it dilutes the group.”
Kühne holds 17.5% of the Lufthansa Group
Kuehne is Switzerland’s wealthiest resident and majority owner of logistics service provider Kuehne + Nagel. The US magazine “Forbes” estimates his fortune at 35 billion francs. Part of that is in shares in the Lufthansa Group, of which Kühne is the largest shareholder with more than 17.5 percent.
The entrepreneur joined the group more than a year ago. His word has weight and he must use it. Even if he doesn’t openly admit it. “Lufthansa is a good company and well managed. “I will not interfere in the management’s business,” he said.
Lufthansa management faces headwinds
But his actions speak a different language. At the general meeting of the Lufthansa group, German manager Karl Gernandt (62) was elected to the supervisory board. Kühne’s man. And therefore, he must coordinate his actions with the billionaire. Lufthansa management is facing headwinds. Because Kühne is not a fan of the wide variety of brands from Europe’s largest airline.
But despite Kühne’s pressure, flying exclusively Swiss machines in the near future should be a Herculean task for Switzerland: there is simply a shortage of personnel. (smt)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
