All Lufthansa Cargo articles – Page 4
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News
Bhat looks to the long term at Lufthansa Cargo
Ashwin Bhat is three weeks into the role of chief executive of Lufthansa Cargo when Air Cargo News spoke to him at the recent Air Cargo Europe event in Munich.He joined the carrier from Lufthansa-owned Swiss WorldCargo in March 2021 as chief commercial officer before taking over the top job ...
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News
Lufthansa becomes minority shareholder in ITA
Lufthansa has agreed to acquire 41% of Italian carrier ITA and could in the future purchase the rest of the state-owned airline.Deutsche Lufthansa today reached an agreement with the Italian Ministry of Economy and Finance (MEF) to acquire the stake through a €325m capital increase.As part of the agreement, the ...
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NewsLufthansa Cargo and CHAMP commit to the ONE Record data standard
Source: Lufthansa CargoIn further news from the transport logistic/air cargo Europe exhibition being held in Munich this week, Lufthansa Cargo and CHAMP Cargosystems have from the show announced their joint commitment to adopt ONE Record as an open data-sharing standard.IATA’s ONE Record is a modern, free, data-sharing standard for the ...
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NewsEtihad Cargo improves shipment visibility with Bluetooth Low Energy
Source: JettainerEtihad Cargo, the cargo and logistics division of UAE flag-carrier Etihad Airways, has opted to use logistics software system specialist Descartes’s Bluetooth Low Energy container monitoring system to offer greater visibility of conditions of air cargo during the shipping process as well as insight into ULD handling processes.Descartes’ Internet ...
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NewsLufthansa Cargo to boost e-commerce handling capability at Frankfurt hub
Source: Lufthansa CargoLufthansa Cargo, the freight wing of the German flag-carrier, has presented its ambitions for Frankfurt Airport to become one of the world’s most important e-commerce hubs.It outlined these ambitions at the air cargo Europe exhibition in Munich that started today (May 9).Working closely with two subsidiaries – logistics ...
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Insights
Putzger perspective: Changing places
Lufthansa Cargo is changing chief executives – again. Dorothea von Boxberg has departed for Brussels, where she assumes her new role as chief executive of Brussels Airlines, another outfit in the Lufthansa Group. In addition, she is taking on the mantle of “Representative of the Executive Board to the European ...
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NewsLufthansa Cargo sees revenues, profits and volumes fall in Q1
After three consecutive years of record profits, it was back to earth with a bump for Lufthansa Cargo in the first quarter of the year as revenues, profits and volumes all declined.The German airline's logistics division, which includes Lufthansa Cargo, Jettainer, time:matters, HeyWorld and a 50% stake in AeroLogic, registered ...
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NewsReinventing recruitment can help attract new talent
Kendra Kincade, Elevate AviationThe air cargo industry must dig deeper to recruit and retain valuable new talent.This was the consensus of a panel discussing the ‘air cargo talent challenges’ during the Opening Plenary of the IATA World Cargo Symposium 2023.The industry is well versed in the negative points associated with ...
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News
Pharma.Aero welcomes new members
Pharma.Aero has welcomed several new members: logistics provider Dachser; temperature-controlled container manufacturer SkyCell; carriers Lufthansa Cargo and Swiss WorldCargo; and time-critical specialist time:matters.The latter three are all part of the Lufthansa Group and have joined as one member.Belgium-based Pharma.Aero is an international collaboration platform that brings together medical technology and ...
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NewsLufthansa Cargo to add new intra-European services
Source: Lufthansa CargoLufthansa Cargo will in April expand its intra-European network with the addition of three new destinations.The carrier will add Larnaca, Athens and Milan to its network to expand its intra-European offering to 12 destinations and more than 50 flights per week.The service from Frankfurt to Larnaca and Athens ...
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InsightsLufthansa holds hope for a “good year”
Lufthansa Cargo is optimistic about its business prospects for this year with fleet and digitalisation investments continuing to shore up its growth goals.“Lufthansa is back” declared chief executive Carsten Spohr as the German airline announced record group operating profits of €1.5bn for 2022, the biggest financial turnaround in the carrier’s ...
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NewsLufthansa Cargo's Ashwin Bhat to be new chief executive
Ashwin Bhat. Photo: Lufthansa CargoLufthansa Cargo has selected chief commercial officer Ashwin Bhat to be its new chief executive.He is due to take up the chief executive position on April 15, and in his new role he will will continue to be responsible for product and sales.This follows current chief ...
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News
Dorothea von Boxberg to leave Lufthansa Cargo
Dorothea von Boxberg is set to leave Lufthansa Cargo to become the new chief executive of Brussels Airlines.Currently chairperson of the executive board of Lufthansa Cargo, von Boxberg is anticipated to take over in Belgium as of April 15.Brussels Airlines is almost 100% owned by SN Airholding. Since December 2016, ...
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NewsLufthansa selects Swissport for cargo handling in Nairobi
Source: SwissportLufthansa has selected Swissport to provide cargo handling and warehousing services at Nairobi’s Jomo Kenyatta Airport.The handler has been providing Lufthansa with ramp handling and check-in and gate services at the airport for the past 11 years but has now added cargo to the portfolio.“We are pleased to extend ...
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News
Lufthansa Cargo outlines future plans for freighter orders
Lufthansa Cargo is weighing up further orders of short- and mid-haul-sized freighters but there are no further plans for orders of widebody all-cargo aircraft.The Frankfurt-hubbed airline has ordered a series of freighters over the last couple of years as it looks to modernise its freighter fleet, expand capacity, replace the ...
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News
Lufthansa Cargo not expecting overcapacity on Asia-Europe
Lufthansa Cargo is not expecting cargo capacity to flood the Asia-Europe trade over the coming year due to the extra distance airlines will need to travel to avoid Russian airspace and as older tonnage leaves the market.Speaking on the day the cargo business announced record operating profits for the third ...
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NewsLufthansa Cargo reports third year of record operating profits
Lufthansa Cargo reported record revenues and operating profits last year despite volumes being flat on 2021 levels.Lufthansa's logistics division, which includes Lufthansa Cargo, Jettainer, time:matters, HeyWorld and a 50% stake in AeroLogic, last year saw revenues increase by 22% year on year to €4.6bn while earnings before interest and tax ...
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News
German airport strikes have "massive consequences" for cargo operations
Strikes taking place today at many of Germany's airports will have "massive consequences" for air cargo and lead to "significant challenges" for humanitarian aid flights, according to the Barig airline association.Public sector workers and ground handlers at seven airports - Frankfurt Main, Munich, Stuttgart, Hamburg, Dortmund, Hannover and Bremen - ...
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News
Lufthansa Cargo shipments face delays due to IT outage and strikes
Lufthansa Cargo has placed a stop on all bookings for cargo shipments to and via Frankfurt and Munich as a result of an IT outage while operations will also be affected by airport strike action.The Frankfurt-hubbed cargo carrier said that during construction work in Frankfurt, fibre optic cables belonging to ...
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NewsLufthansa Cargo increases China freighter flights
Photo: Lufthansa CargoLufthansa Cargo is adding more freighter flights to China and expanding its Airbus A321 freighter network on short- and medium-haul routes.Lufthansa Cargo's current 2023 summer flight schedule includes a total of 79 weekly intercontinental connections. All long-haul destinations will be served from the international hub in Frankfurt by ...