Lufthansa ventures into low-cost fares

Lufthansa AG said it is offering a new fare to destinations across Europe for as low as 99 euros (about $120 US), as it competes with low-cost carriers like Ryanair and EasyJet. The Cologne-based airline said that, starting April 3, would-be passengers can book so-called BetterFly fares from airports in Germany to all European Union member countries, along with Turkey, Switzerland and Norway. The price includes round-trip travel.

The fares will apply on 181 international routes and on 51 German domestic flights. Lufthansa said approximately 350,000 seats a month would be available at the 99-euro price, which doesn’t include a ticket service charge of 10 euros ($12).

Unlike its normal fares, the airline said passengers who use the bargain fare won’t be subject to a minimum stay or advanced booking requirements. The tickets can also be changed, but for a fee.