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Team Lufthansa was founded in 1996 by Lufthansa in the wake of the deregulation of the airline market as new competitors like Deutsche BA challenged established airlines. [2]
The group also owns several aviation-related companies, including Global Load Control, Lufthansa Consulting, Lufthansa Flight Training, Lufthansa Systems and Lufthansa Technik. The company was founded as Aktiengesellschaft für Luftverkehrsbedarf (often shortened to Luftag ) on 6 January 1953 by staff of the former Deutsche Luft Hansa , Germany ...
Recognizing the growing importance of the cargo business, Lufthansa established its cargo subsidiary in 1977 called German Cargo Services GmbH. [3] Previously, cargo operations were executed in-house, under the Lufthansa Cargo name, when – in an effort to restructure the company – the cargo division was re-integrated into its parent, and split up into two parts (one for scheduled ...
Lufthansa Systems GmbH & Co. KG is an information technology service provider for the aviation industry owned by the Lufthansa Group.It has around 2,800 employees in several locations in Germany and offices in 16 other countries. [1]
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A virtual airline (VA) is a dedicated hobby organization that uses flight simulation to model the operations of an airline. Virtual airlines generally have a presence on the Internet, similar to a real airline. [1] Many hundreds of virtual airlines of significance are currently active, with tens of thousands of participants involved at any one ...
1990s portal Philippine Airlines Flight 137 , an Airbus A320 (RP-C3222) that overran the runway and crashed into a residential area in 1998 at Bacolod City Domestic Airport . American Airlines Flight 1420 , a McDonnell Douglas MD-80 (N215AA) that overran the runway and crashed in 1999 at Little Rock National Airport .
Under the government's plan to advance the public corporations, it aims to eliminate overlapping functions, such as the establishment of housing development projects carried out by the Korea Housing Corporation and Korea Land Corporation, and to contribute to the development of the national economy by providing new funds.