Lufthansa – Germany’s biggest airline may be setting up a new budget airline “Direct 4 You” to take over the company’s European flights for as low as €49 one way.

Lufthansa Budget Airline
The new airline would be up and running by the beginning of 2013 and by 2015, another of Lufthansa’s subsidiaries, Eurowings, could be merged into the new fleet.
Lufthansa’s financial woes have been in the media recently, with reports suggesting that it plans on making cuts of up to €1.5 billion as it faces increasing competition.
According to the news, the new company has not been given the final go-ahead from the Lufthansa board, and the airline is yet to release any official information about the venture.




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