By Daniel Shane
Airline executives likely to hold informal talks regarding a possible alliance
Lufthansa officials could hold informal talks with Dubai's Emirates Airline over a possible alliance, a senior executive at the German airline told Arabian Business.
Speaking on the sidelines of the Dubai Air Show, vice president for Southern Europe and Middle East Carsten Schaeffer said that any tie-up would have to be a "win-win" for both parties. However, he said no announcement on the matter was imminent.
"We're always open for discussions but it has to be a win-win for everybody," he said.
"There's a lot of coffee being had here somewhere. We might be competitors but we continue to talk. We know its a smart group of executives, and they will use the opportunity to talk but there's nothing tangible to announce at this point."
Lufthansa, a member of Star Alliance, currently serves Dubai International with four daily flights.
Earlier this year, outgoing CEO Christoph Franz said that Lufthansa had evaluated the possibility of a Gulf tie-up "several times" but had not deemed it currently beneficial.
Emirates, the largest international airline by passenger traffic, is one of the world's fastest growing carries and has gobbled up market share once prized by European legacy carriers.
"They're fast growing and they're capturing a lot of the new markets," said Schaeffer.
On Sunday, Emirates announced an order for 50 Airbus A380s in a 23bn bumper deal, as well as 150 Boeing 777xs for 76bn.
Lufthansa is one of the launch customers for the 777x, with 30 on order due for delivery in 2020.