Lufthansa Flights to Yemencost 6-7 million Euro Annually [Archives:2004/739/Local News]

May 20 2004

Mohammed bin Sallam
Mr. Uwe Wilck, Regional General Manager, confirmed in a press conference held at Sana'a Sheraton Hotel last Tuesday the importance of operating three weekly Lufthansa flights in order to meet the needs of passengers to and from Yemen.
Mr. Wilck presented a detailed explanation of the newly introduced services and accomplishments of Lufthansa during the past period at the world level. He pointed out that Lufthansa is part of a group of airlines (16 European Airlines) to possess the latest technology in the field of air transport, equipped with modern comfort. The net profits of Lufthansa during 2003 reached 36 million Euro, despite the losses inflicted on most airlines by the September 11 attacks. He attributed this success to distinguished service, which ranks among the top three companies in the world in terms of on time scheduled flight departures and arrivals (about 90%) and excellent miscellaneous services.
“Lufthansa loses between 6-7 million Euro annually in its flights to Yemen, but the investment in Yemen, due to the strategic location of the country in the Arab Peninsula, will be prosperous in the future”, said Mr. Wilck. He reiterated that the regular operation of flights to Sana'a would play a pivotal role in activating commercial and investment relations between the two countries through the mutual visits of Yemeni and German businessmen towards expanding the scope of cooperation between the two friendly countries. “This is another indication of the deep historic relations between Yemen and Germany”, Mr. Wilck concluded.