Lufthansa Extends Contract For CEO Carsten Spohr

Lufthansa's supervisory board has extended the contract of the group’s CEO Carsten Spohr by five years.

Spohr became a member of the executive board in 2011 running the passenger airline division initially and was named CEO of the group in 2014.

Spohr was the mastermind behind creating and growing the concern’s second main airline brand, low-fare affiliate Eurowings, which targets a fleet of more than 200 aircraft by the end of 2018.

Prior to his term in the passenger airline division, Spohr ran Lufthansa Cargo for three years. Currently an Airbus A320-rated captain, he was recruited for management by former Lufthansa CEO Juergen Weber initially as his personal assistant. Spohr later ran Lufthansa’s alliance division.