All Lufthansa articles – Page 3
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NewsLufthansa's cargo business continues at record levels
Lufthansa's logistics division saw revenues and operating profits continue at record levels in the third quarter of the year as industry-wide air cargo capacity continues to be squeezed.The division, which includes Lufthansa Cargo as well as Jettainer, time:matters and an investment in AeroLogic, saw revenues surge 48% year on year ...
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NewsLufthansa Cargo boosts handling performance with new production planning system
Lufthansa Cargo has finalised the implementation of its production planning and control (PPC) transformation project.“An integrated production planning system has been part of our digitalization roadmap”, said Harald Gloy, the cargo airline’s chief operations officer and chief human resources officer.“The new application enables us to make smarter and faster decisions ...
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Lufthansa Cargo optimistic for the future after positive Q2
Lufthansa's cargo business recorded improvements in revenues, profits and volumes in the second quarter as it benefited from higher rates.The airline group's logistics segment, which includes Lufthansa Cargo, time:matters, Jettainer and an equity investment in AeroLogic, saw second-quarter revenues increase by 13% on last year to €766m, while earnings before ...
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NewsLufthansa and DB Schenker mark aircraft to highlight sustainability efforts
Lufthansa Cargo and DB Schenker team up on SAF flightsLufthansa Cargo and DB Schenker have highlighted their joint sustainability efforts by putting special livery onto a freighter aircraft.The companies marked one of Lufthansa Cargo's Boeing 777s (D-ALFG) with the words "Flying 100% CO2 neutral powered by DB Schenker" and an ...
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NewsLufthansa Cargo starts work on ArtCube facility at Frankfurt Airport
Left to right: Daniela Lotz, senior project manager construction projects; Stefan Dürr, head of program LCCevolution; Harald Gloy, COO; Cornelia Schultze, senior manager product, dpeed and dervice offer; Mohammad Ali Seiraffi, vice president handling Frankfurtall, at Lufthansa Cargo.Lufthansa Cargo has started the construction of its new art storage facility ...
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NewsLufthansa Cargo announces record profits and another B777F
Dorothea von Boxberg Credit: Lufthansa CargoLufthansa's air cargo business reported record operating profits last year and has also announced plans to add another Boeing 777 freighter to its fleet.The Lufthansa Logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its equity investment in AeroLogic, saw earnings before interest and tax ...
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Swissport wins Lufthansa cargo deal at Heathrow
Swissport in the UK has won a contract to handle the Lufthansa Group's cargo volumes at Heathrow Airport.Swissport said the contract win meant it now handles the German airline group’s cargo at all of its UK destinations, this includes Lufthansa, SWISS and Austrian Airlines."We are pleased to be able to ...
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More than 150 aircraft reconfigured as mini freighters in 2020
Last year a total of 155 aircraft had seats removed in order to transport cargo in the cabin, according to figures from Cirium's Airline Insight Review 2020.The report found that the number of aircraft with seats removed in operation at any one time fluctuated throughout the year, with the peak ...
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Lufthansa pilots agree to cost saving measures
Lufthansa and pilots’ union Vereinigung Cockpit (VC) have agreed cost-saving measures to help manage the crisis at the German flag carrier.The agreement includes the basis for an extension of short-time work for pilots in 2021, a reduction in working hours with a corresponding salary adjustment and the suspension of collective ...
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Lufthansa Cargo launches new booking portal
Lufthansa Cargo has launched a new online booking portal that it hopes will speed up the process for customers.The Frankfurt-hubbed carrier said that the new portal, eBooking, has simplified the process into three steps: define the shipment, choose the product and confirm the route."The system guides customers through the booking ...
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Operating profits take off at Lufthansa's cargo business
Lufthansa's logistics division saw profits massively improve on a year ago on the back of cost reductions and higher rates.The division, which includes Lufthansa Cargo and other businesses such as time:matters and Jettainer, saw third-quarter revenues decline by 2% year on year to €587m while revenue cargo tonne kms were ...
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Lufthansa Cargo outlines winter freighter plans
Lufthansa Cargo has revealed its freighter schedule for the winter season, with an average of 35 flights per week to Asia.The cargo airline said that its Asian network would focus on the Chinese metropolis of Shanghai (PVG), the South Korean capital Seoul (ICN), Japan's capital Tokyo (NRT) and the Hong ...
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NewsLufthansa Cargo adds B777F number eight
Lufthansa Cargo ALFH B777F Source: Lufthansa CargoLufthansa Cargo has expanded its B777 freighter fleet with the addition of its eighth aircraft of the type.The aircraft (D-ALFH) arrived in Frankfurt yesterday morning after nine hour flight from Everett Airport in Washington State.The delivery is the first of two ordered in November ...
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Lufthansa Cargo revenues lifted by capacity crunch
Lufthansa's logistics division, which includes Lufthansa Cargo, saw revenues rise in the first half of this year, despite significant cuts to bellyhold capacity.The carrier said this outcome was a result of demand outstripping supply. "Demand for the remaining cargo capacities went up during the first half-year of 2020, with the ...
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Lufthansa Cargo set to continue using CHAMP solutions
Lufthansa Cargo extended its partnership with CHAMP, through which it will be able to continue accessing CHAMP’s Traxon cargoHUB and Traxon CDMP solutions.Lufthansa Cargo will be able to "gain synergies and cargo insights" through its continued use of CHAMP's Traxon CDMP, a tool that measures "over 40% of the worldwide ...
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Lufthansa Cargo to shed 10% of jobs by 2023
Lufthansa Cargo will shed just over 10% of its workforce by 2023 as part of a restructuring at the overall airline group.A spokesperson for the cargo division confirmed that around 500 of the cargo division’s workforce of 4,500 people would leave the company over the next two-and-a-half years.Part of the ...
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time:matters gives update on Lufthansa capacity
Lufthansa has expanded its bellyhold operations by increasing frequency and destinations of its passenger flights.In a statement, time-critical logistics business time:matters told is customers: "All [Lufthansa bellyhold destinations] can be utilised for our time-critical transport solutions to/from the following destinations: Bari, Beirut, Belgrade, Dubai, Houston, Menorca, Nairobi, Nanjing Washington DC."For ...
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Lufthansa shareholders confirm bailout approval
Lufthansa shareholders have approved a €9bn ($10.1bn) financial rescue from Germany’s economic stabilisation fund (WSF) at an extraordinary general meeting today.The vote in favour of the financial package was expected after the airline’s biggest shareholder Heinz-Hermann Thiele indicated he would support the deal.Under the financial plan the WSF will make ...
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Lufthansa Group secures €9bn in financial support
Lufthansa Group has secured approval from the federal German government’s economic stabilisation fund, WSF, for a €9bn financial package.Under the agreement the WSF will contribute up to €5.7bn to Lufthansa’s assets including €4.7bn in equity.The measure will be supplemented by a syndicated three-year credit facility of up to €3bn, provided ...
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NewsLufthansa Cargo ramps up Shenzhen capacity
Lufthansa Cargo is now offering 14 weekly cargo flights from Shenzhen (SZX) to Frankfurt as it looks to meet demand.The cargo business said the first aircraft — an Airbus A330-300 operated by Lufthansa, which took off from Shenzhen on May 18 with around 3m respiratory masks and other medical protective ...
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