Lufthansa to spin off Miles&More into a new independent company with WorldShop
Dec 13, 2013, 6:01 am
#46
Original Poster
Join Date: Dec 2011
Location: Travelling EMEA
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I find this saddening for a very different reason than the complaining author. As I get inundated with offers for ladies in different moods and states of their lives, this is just yet another example that next to all larger customer centric industries cater exclusively for women and expect the XYs to be drag-alongs.
I have my theory to that, the big ad mobster, while scanning the web, found you complaining all the time about LH and trying to divorce from LH since ?2006? without success, probably the algorithm established that Weero is a p....
Wrongfully of course. You see, the surveillance industry is dangerous
Dec 13, 2013, 10:58 am
#47
Join Date: Aug 2004
Location: OSL/IAH/ZRH (time, not preference)
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I have my theory to that, the big ad mobster, while scanning the web, found you complaining all the time about LH and trying to divorce from LH since ?2006? without success, probably the algorithm established that Weero is a p....
Wrongfully of course. You see, the surveillance industry is dangerous
Dec 13, 2013, 11:59 am
#48
Original Poster
Join Date: Dec 2011
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Posts: 798
Ok, so if it is AMEX, Facebook, Microsoft, Adobe and so on its fine then?
Dec 14, 2013, 2:13 pm
#49
Join Date: Aug 2004
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??? Where on Earth do you have that from?Other than girl-girl themed movies, I would not know such a place
...
Let me give you a hint: all the other fares are also eco or discounted fares, like Y, S, U
Ok, so if it is AMEX, Facebook, Microsoft, Adobe and so on its fine then?
But why FaceCrook? That is like starring in a porn flick and then lamenting about one's privacy. Zuckerzwerg has proven time and time again that all he ever says is not just outdated quickly but a premeditated lie for anyone with a working memory.
Dec 14, 2013, 3:12 pm
#50
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stretch your brain a bidThere is a very simple tool against FaceCrook and Zuckerzwerg (hillarious), just get Mozilla, ....... Plus or the offshoot, type a filter rule *facebook* and Zuckerzwerg is gone
Dec 15, 2013, 5:35 am
#51
Join Date: Aug 2004
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Or are you stretching my brain and orifices again?
There is a very simple tool against FaceCrook and Zuckerzwerg (hillarious), just get Mozilla, ....... Plus or the offshoot, type a filter rule *facebook* and Zuckerzwerg is gone
Mar 12, 2014, 8:34 am
#52
Join Date: Mar 2010
Location: GRR, USA
Posts: 3,298
Lufthansa to spin off Miles&More into a new independent company with WorldShop
Looks like MM is going solo within the LH group - Worldshop to be merged into it as well. Supervisory board proposed the idea and will be voted on at Annual meeting on 29 April in HAM
Mar 13, 2014, 4:33 am
#53
FlyerTalk Evangelist
Join Date: Jan 2005
Location: VCE
Posts: 14,165
Lufthansa to spin off Miles&More into a new independent company with WorldShop
While rumors around this very subject seem to have been around for quite some time, here comes the first official announcement I have seen anyway regarding Lufthansa and Miles&More.
Lufthansa said that its frequent-flyer programme, which has more than 25 million members, would be merged with its Lufthansa WorldShop retailer and operated in an independent company under the name Miles & More GmbH.
http://www.reuters.com/article/2014/...0M935B20140312
Having been a long-term Aeroplan "Super Elite" customer previously- if that experience is anything to go by- don't expect any new benefits or features to come to the end user from this transaction.
Lufthansa said that its frequent-flyer programme, which has more than 25 million members, would be merged with its Lufthansa WorldShop retailer and operated in an independent company under the name Miles & More GmbH.
http://www.reuters.com/article/2014/...0M935B20140312
Having been a long-term Aeroplan "Super Elite" customer previously- if that experience is anything to go by- don't expect any new benefits or features to come to the end user from this transaction.
Mar 13, 2014, 4:39 am
#54
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
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MMI was a separate entity from day 1 when Weber set it up in the Bermudas to avoid German law. When Franz came it was merged into LH Passage as part of the Marketing group, now its outside again. This is not an Aeroplan like spin off.
Mar 13, 2014, 4:43 am
#55
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The financial press is saying it is similar to both the Air Canada and the Air Berlin transactions. While I do agree they can often be wrong (the press)- and horribly misinformed- what I do find are a number of similarities between this spinoff and the Aeroplan operation. Merging the company with Worldshop will probably generate short-term income for Lufthansa- longer term though I don't know how well it can work out for the customers of Miles&More- it certainly goes a very long way however in explaining why mileage earnings have been reduced as heavily as they have been.
Mar 13, 2014, 5:32 am
#57
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At this point, it looks like a slight change of plans. Instead of looking for a partner to spin it off directly, M&M will be operated seperately for some time within the group (with a partner buying a certain share later on)
I have to say that it is a bit disappointing given the advanced status of the original plan some months ago.
I have to say that it is a bit disappointing given the advanced status of the original plan some months ago.
Mar 13, 2014, 9:12 am
#58
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The next step for the frequent flyer programme will be to introduce a series of enhancements in 2014. The miles awarded in Economy Class will more closely reflect the value of the ticket purchased.
Mar 13, 2014, 4:08 pm
#60
Join Date: Mar 2009
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This sentence from the annual report 2013 however does not bode well for 2014 M&M economy class customers:
The next step for the frequent flyer programme will be to introduce a series of enhancements in 2014. The miles awarded in Economy Class will more closely reflect the value of the ticket purchased.
The next step for the frequent flyer programme will be to introduce a series of enhancements in 2014. The miles awarded in Economy Class will more closely reflect the value of the ticket purchased.
Page 65 of the PDF / Page 61 of the actual report: http://investor-relations.lufthansag...-AR-2013-e.pdf