All Lufthansa Cargo articles – Page 12
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News
Lufthansa reaches air cargo anti-trust settlement with Deutsche Bahn
German logistics and European rail group Deutsche Bahn has reached an undisclosed settlement with Lufthansa concerning an alleged airline cargo cartel that operated from late 1999 to early 2006.The settlement ends the companies' dispute before the Regional Court of Cologne that has been ongoing since 2013."After intense negotiations with Lufthansa, ...
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German cargo market drops by more than 20% in June
Airlines and freight forwarders experienced some big declines in German export volumes in June, writes Oliver Link from Air Cargo News sister title DVZ.According to the latest Iata Cargo Account Settlement System (Cass) data, the total volume of freight exported from Germany dropped by 24.6% on a weight basis compared ...
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NewsLufthansa Cargo profits decline in first half of 2019
Lufthansa Cargo's profits declined in the first half of this year, a report from the company reveals.First-half year adjusted earnings before interest and taxes (EBIT) for Lufthansa's Cargo logistics segment declined to EUR15 million (prior-year period: EUR127 million), as a result of falling demand on routes between Europe and Asia. ...
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Lufthansa Cargo chills out with CSafe RAP
Lufthansa Cargo is the latest airline to qualify and approve the CSafe RAP temperature-controlled container for pharma shipments.The German carrier has approved the CSafe Global’s specialist ULD for use on the group’s network of airlines, serving over 300 destinations worldwide.Thorsten Braun, Lufthansa Cargo’s senior director of industry development and product ...
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CargoLogic Germany gains NCC approval as it taxis for takeoff
New Leipzig-based airline CargoLogic Germany has announced that it recently gained non-commercial (NCC) operations approval from the European Union Aviation Safety Agency.The airline said the NCC approval means it can begin “route proving flights” this week.Meanwhile, managing director Ulrich Ogiermann has told Air Cargo News sister title DVZ that he ...
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WFS scoops Lufthansa Cargo supplier award
Lufthansa Cargo has awarded Worldwide Flight Services (WFS) with its ‘Best Cooperation Global’ supplier prize in recognition of the partnership between the two companies.The award was presented to WFS’ CEO Craig Smyth at Lufthansa Cargo’s second annual Supplier Awards in Munich, which gathered service providers from all over the world.As ...
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NewsAchim Martinka named as VP Germany by Lufthansa Cargo
Lufthansa Cargo has appointed Achim Martinka as vice president Germany.Martinka succeeds J Florian Pfaff, who took over as vice president Asia Pacific for the freight carrier on June 1.Martinka will take over his duties in the coming weeks.Martinka began his career at Lufthansa Cargo in 2000 as its senior manager ...
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Lufthansa Cargo cuts summer services
Lufthansa Cargo is reducing its services “across the entire flight programme” in response to weaker demand in the global air cargo market. The cuts will affect the second and third quarters to “allow the company to ensure profitable load factors and continued deployment of its aircraft at optimum levels going ...
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NewsLufthansa Cargo holds naming ceremony for B777F
Lufthansa Cargo B777F at Narita Airport May 2019Lufthansa Cargo has held the naming ceremony for one of its new B777Fs, giving the aircraft the name Konnichiwa Japan.The aircraft arrived in February and is one of two that the airline has taken delivery of this year, the other being delivered in ...
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NewsProfits tumble at Lufthansa's cargo business
Lufthansa’s cargo and logistics segment saw operating profits tumble in the first quarter as volumes declined and expenses increased.Lufthansa’s logistics segment, which includes Lufthansa Cargo and other businesses such as time:matters and Jettainer, saw first-quarter revenues decline by 4% year on year to €616m while earnings before interest and tax ...
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Peter Gerber: A pragmatist's market view
Is air cargo’s glass half empty or half full? Industry pundits can sample a heady statistical cocktail of declining global volumes and load factors in early 2019, mixed and shaken with US-China tariff tussles and Brexit bungling.But what can we read from those statistics and are they truly indicative of ...
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NewsTurkish Cargo scoops Cargo Airline of the Year Award
Turkish Cargo was voted Cargo Airline of the Year 2019 as the airfreight industry gathered in the UK for a night of celebration at Air Cargo News’ industry Oscars, now in their 35th year.The Istanbul-hubbed airline secured the highest total number of votes cast by Air Cargo News readers to ...
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News
Cathay Pacific and Lufthansa Cargo joint venture fully expanded
Cathay Pacific’s cargo division and Lufthansa Cargo have started eastbound shipments from Europe to Hong Kong under their joint business agreement (JBA).Under the JBA framework, Hong Kong is connected directly to Frankfurt, Amsterdam, Barcelona, Brussels, Dublin, London (Gatwick and Heathrow airports), Madrid, Manchester, Milan, Munich, Paris, Rome and Zurich.In addition ...
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NewsMore airlines set to join cargo.one booking platform
Cargo.one screen shotCargo.one is set to add new airlines to its spot-market booking portal this year, following on from Finnair announcing it would offer its capacity on the platform.Cargo.one managing director Moritz Claussen told Air Cargo News that it hoped that at least three new airlines would join the platform ...
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European air cargo demand growth sluggish in February
Cargo volumes at European airlines remained weak in February as the industry braces itself for a tough year.Europe’s largest combination cargo carrier group, Lufthansa, saw cargo volumes for the month decrease by 3.5% year on year to 802m revenue cargo tonne kms, despite capacity increasing by 7.7%.However, this was an ...
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Senior job role changes at Lufthansa Cargo
Florian Pfaff, currently vice president Germany with Lufthansa Cargo, will move to Asia with effect from June 2019.Based in Singapore, he will assume the role of vice president Asia Pacific. Pfaff will continue to report directly to Dorothea von Boxberg, member of the executive board and chief commercial officer.A successor ...
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NewsUPDATE Lufthansa Cargo: airfreight boom comes to an end
Lufthansa Cargo has warned that the airfreight boom of the last two years has come to an end after reporting an increase in profits last year.The carrier generated over €2.7bn in revenue and a profit of €268m (adjusted EBIT) in 2018, the second-highest result in the German flag-carrier‘s history, on ...
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NewsLufthansa Cargo: airfreight boom comes to an end
Lufthansa Cargo has warned that the airfreight boom of the last two years has come to an end after reporting an increase in profits last year.The carrier generated over €2.7bn in revenue and a profit of €268m (adjusted EBIT) in 2018, the second-highest result in the German flag-carrier‘s history, on ...
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NewsLufthansa Group: ‘another successful year’
Source: Lufthansa CargoLufthansa Group has posted a 6% year-on-year rise in total revenues for 2018.At €2.8bn, adjusted EBIT fell only slightly short of the €3bn recorded in 2017.Meanwhile, Lufthansa Cargo increased its record adjusted EBIT of 2017 by 2% to €268m.Chairman of the executive board and chief executive of Deutsche ...
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News
Finnair Cargo signs up to cargo.one booking platform
Finnair Cargo has become the latest airline to sign up to offer its capacity through booking portal cargo.one.The portal will allow the airline's freight forwarder customers to digitally book spot market capacities at live prices and with direct booking confirmation. The deal was announced at IATA's World Cargo Symposium.Fredrik Wildtgrube, ...