Berlin-based logistics company Zeitfracht Group has acquired German regional airline LGW from the Lufthansa Group. LGW, which operates under Lufthansa’s Eurowings brand, will continue to operate for the LCC through a long-term wet-lease agreement, according to a Feb. 20 joint statement. Terms of the deal, which takes effect April 1, were not disclosed. “The move to Zeitfracht Group strengthens the future viability of LGW,” Eurowings MD and COO Michael Knitter ...

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