Source: Lufthansa presentation Jul-2014
This would lead to significant opportunities for airlines operating in and out of Asia as the propensity to take long-haul flights increases exponentially as purchasing power grows.
However, Mr Spohr contrasted the situation of Lufthansa and the airline industry with that of other CEOs of major German companies that recently travelled to China on a trade mission with Chancellor Angela Merkel. "Other CEOs on the China trip can move production to Asia, but that's harder for an airline", he said.