Just before sunset, Andrew Booth is sipping a gin and tonic aboard a boat carved like a golden phoenix in the moat surrounding Angkor Thom. One of several capitals of the Khmer empire (802 to 1431), Angkor Thom is part of Angkor Archaeological Park, a 400-square-kilometer Unesco World Heritage Site whose most famous attraction, Angkor Wat, draws some 2 million visitors a year.
Deutsche Lufthansa AG said it’s looking at establishing a long-haul, low-cost venture to help sustain its market share on routes to Asia as rival operators syphon more and more traffic through hubs in the Gulf.
All Nippon Airways Co., Japan’s largest airline by sales, is looking for acquisitions and partnerships in countries such as India and Thailand after raising $1.8 billion in a share sale last year for expansion.
London Heathrow airport is close to completing a 2.5 billion-pound ($4 billion) building project that seeks to boost service standards and repel the challenge of fast-growing rivals to a hub with little scope for more flights.
Deutsche Lufthansa AG said the disappointing returns of its Austrian Airlines subsidiary are reinforcing the carrier’s commitment to target partnerships over outright takeovers to help expand its route network.
Deutsche Lufthansa AG may seek deeper ties with Turkish Airlines to thwart competition from Gulf rivals and match European peers that already have Mideast partnerships, analysts said after Turkish media reports of talks on a merger.