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"There are way too many players in Europe," Carsten Spohr told a
meeting of the Centre for Aviation in Berlin on Tuesday, noting
that six airlines had gone bankrupt in the last few months.
"It is obvious that consolidation will act further and we as
Lufthansa want to be part of that," he said.
Lufthansa has been a key player in hectic M&A activity in the
industry, snapping up Brussels Airlines and parts of insolvent
Air Berlin last year to expand in the budget market.
Spohr said there were three major global airlines in the
Chinese, American and Middle East markets and he expected a
similar shake-out in Europe.
"There will most likely be three major European network carriers
or groups of carriers, plus one or two low cost guys," he said.
"Our job in Lufthansa ... is to make sure the company is fit
enough to play in this league of global champions league players
in our industry."
He said consolidation seemed to be happening mostly via
bankruptcy rather than airlines buying rivals as going concerns.
Lufthansa is among several airlines that have been in talks with
Italy since Alitalia first went into administration.
Spohr expects some European airline brands to survive as part of
broader groups, noting that passengers still loved the "Swissness"
of its SWISS subsidiary a decade after Lufthansa took over the
former flag carrier Swissair.
"Here in Europe brands still matter a lot," he said.
(Reporting by Emma Thomasson; editing by Thomas Seythal and Jane
Merriman)
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