FlyerTalk Forums - View Single Post - Lufthansa to spin off Miles&More into a new independent company with WorldShop
Old Dec 8, 2013, 11:59 am
  #1  
Bernie2012
 
Join Date: Dec 2011
Location: Travelling EMEA
Programs: LH SEN*2
Posts: 798
Miles and More spin off apparently planned for 2014

http://www.faz.net/aktuell/wirtschaf...-12700805.html

I hope that move is not going to change their privacy policy....

What else that could mean other than gang ra***g my personal data?
-------
In order to not create out of control rumors, here is a statement of the Lurkers in that issue copied from the feedback treat:

Dear Bernie2012,
we have now received further information regarding your inquiery.

No final decision has been made in forming a spin-off of Miles & More within the Lufthansa Group. There are also no plans to sell the customer loyalty program. For Lufthansa, the aspect of customer loyalty and to be close to their loyal passengers is too important. Ownership of the Miles & More program will continue to remain with Lufthansa.

With nearly 25 million members worldwide and more than 300 partner companies the Miles & More program has an important meaning. This growing importance to Lufthansa has caused the passing of a resolution to comprehensively develop the Miles & More organisation. With this background, we will consolidate all associated processes with Miles & More. The aim of the organisational restructuring is to make the Miles & More program more efficient and to promote sustainable and profitable growth and to increase its value.

Vanessa
__________________
Lufthansa Flyertalk Team

Last edited by Bernie2012; Dec 10, 2013 at 3:54 am Reason: Added LH statment
Bernie2012 is offline