As at 31 December 2006, Lufthansa had a 49% shareholding in Eurowings with a call option for 50.91% of the remaining stakes, bringing the company into the Lufthansa Group fold. At that time, Eurowings was the owner of Germanwings, thus creating a low-cost branch within the Lufthansa trust. Plans to merge these two airlines with TUIfly (controlled by TUI Travel) into a joint and independent holding company, were brought forth during 2008, but did not materialize. Instead, Lufthansa announced in December 2008 to acquire Germanwings from Eurowings.
In September 2010 Eurowings closed its headquarters and technical infrastructure in Dortmund, Germany, and moved to Düsseldorf. In March 2011, the maintenance division at Nürnberg Airport was also closed.
In late 2013 Eurowings started to operate flights for sister airline Germanwings as short haul flights, that are not operated from Frankfurt or Munich, are transferred from Lufthansa to Germanwings.