Cape Town - One of the world's leading airlines has denied
an interest in taking over an equity stake in South African Airways (SAA).
Recent media speculation has been that the German airline
and the South African government may have been considering an equity
arrangement with regards to SAA.
Jens Bischof, member of the Lufthansa Passenger Airlines
board, has poured cold water on this speculation.
"When it comes to this speculation, it appears it is
mainly gossip. And that's where I'll leave the issue for now," Bischof
said in Cape Town this week.
The German carrier is arguably one of the world's most
successful airlines. The airline is Europe's number one in terms of revenue and
size and has just reported in its latest results total revenue of €25bn.
Lufthansa is currently investing another €25bn over the next
few years into revamping its fleet.
Bischof says Lufthansa has recently celebrated its 50th year
in flying to South Africa. This currently includes a daily A380 flight into
"Currently we're considering the possibility of
increasing the frequency to Cape Town to a daily flight. Cape Town is currently
served from Munich 5 times weekly," Bischof said.
*Follow James-Brent Styan on Twitter at @jamesstyan.
Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.