All Lufthansa Cargo Articles – Page 3
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InsightsTop 25 cargo carriers: Cargo goes slow on growth in 2023
Air cargo demand in 2023 was slow to recover from the previous year’s market slump and the top 25 cargo airlines felt the strain. 2023 was undoubtedly a tough year for air cargo with global full-year demand, measured in cargo tonne-kilometers (CTKs), for the top 25 airlines down 1.7% compared ...
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NewsLufthansa Cargo grows 777F fleet to 18 aircraft
18th Lufthansa Cargo 777 freighter. Photo Lufthansa CargoLufthansa Cargo has added another new Boeing 777 freighter as it continues to modernise its cargo fleet and expand capacity.The German airline took delivery of its 18th B777 freighter at Frankfurt Airport (FRA), it's main hub, on August 17. The long-haul freighter was ...
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InsightsAutomotive: Driving air cargo success
For air cargo carriers and forwarders who handle automotive logistics alike, there is plenty of business to be done in this specialised segment of the airfreight sector, but there are also challenges to be overcome.Lufthansa Cargo, part of Germany’s national flag-carrier airline group, is one of the carriers that transports ...
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Air cargo in recovery mode after Crowdstrike IT outage
Air cargo operations are returning to normal with limited delays expected following the chaos caused by the recent global IT malfunction.The Microsoft IT outage, which saw many air cargo operations go down after computer systems failed at airlines and airports worldwide, was triggered by a software update from cyber security ...
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NewsGlobal IT outage hits air cargo operations
Air cargo operations have been impacted by the IT disruption that has seen computer systems malfunction at airlines and airports worldwide.The disruption is understood to have been caused by a Microsoft IT outage triggered by a software update from cyber security company Crowdstrike.In Europe, cargo hub Amsterdam Airport Schiphol confirmed ...
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NewsLufthansa Cargo adds new China freighter flights
Source: Lufthansa CargoLufthansa Cargo is continuing to adjust its freighter network with the addition of two new destinations in China as it looks to capitalise on e-commerce demand growth.The Frankfurt-hubbed carrier today announced that it would add Boeing 777 freighter flights to Shenzhen Boa’an International Airport (SZX) and Zhengzhou (CGO).The ...
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NewsLufthansa Cargo appoints Kulkarni to new global sales role
Source: Lufthansa CargoLufthansa Cargo has appointed Anand Kulkarni to the newly created role of head of global markets to lead digital and regional sales.In the new role, Kulkarni will lead and manage the sales regions and the digital sales department of Lufthansa Cargo.This includes the regions Germany, Austria & Switzerland, ...
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Lufthansa Cargo and Korean Cargo announce new SAF partnerships
Lufthansa Cargo and Korean Air Cargo have today both announced new Sustainable Aviation Fuel (SAF) tie-ups with logistics companies. Lufthansa Cargo and Best Services International Freight (BSI) have agreed to offset the Chinese logistics company’s carbon dioxide (CO2) emissions associated with airfreight. BSI will invest in a total of around ...
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Lufthansa Cargo launches freighter flights from Munich
Lufthansa Cargo will expand its regional freighter network in July with the addition of flights from Munich Airport for the first time.The German cargo carrier said the flights will start on July 6, utilising its Airbus A321 freighters to connect Munich with Istanbul twice a week.Customers can already start booking ...
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Insights
Putzger Perspective: Air cargo’s Mexican wave
In May, Lufthansa Cargo announced plans to expand its footprint in Mexico the following month with the addition of Monterrey to its network, serving the airport once a week with a Boeing 777 freighter in tandem with Felipe Angeles airport (AIFA), the designated freighter gateway for the nation’s capital. Other ...
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Lufthansa Cargo targets North America with freighter expansion
Lufthansa Cargo will expand its presence in North America with the launch of a new freighter service and an increase in bellyhold services to other destinations for the summer season.The Frankfurt-hubbed freighter operator will launch a Boeing 777 freighter service to the Mexican city of Monterrey on June 3, with ...
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NewsLufthansa Cargo adds Riga freighter flights
Source: RIX Riga AirportLufthansa Cargo has launched regular freighter flights to Riga Airport to meet demand from manufacturers and importers in Latvia.The new service will operate once per week utilising one of the carrier's Airbus A321 freighters, which offer a capacity of 28 tonnes.With the new service, Riga becomes the ...
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NewsLufthansa Cargo in the red in Q1 as strikes take their toll
Lufthansa's logistics division reported an operating loss in the first quarter of the year due to weakening air cargo rates and strike action.The logistics division, which includes Lufthansa Cargo, time:matters, Jettainer, HeyWorld and a 50% stake in AeroLogic, saw first-quarter revenues drop 16% year on year to €691m and earnings ...
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Fraport aims to ramp up Frankfurt cargo capacity
Fraport will invest in digitalisation and develop new cargo areas at Frankfurt Airport as it expects volumes to increase to around 3m tonnes per year by 2040.The airport operator has developed a new cargo masterplan split into three areas - further investment in digitalisation to create efficiency; the redesign of ...
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time:matters becomes Lufthansa Cargo premium partner
German logistics company time:matters has been appointed a premium partner of its parent company Lufthansa Cargo.The partner programme involves regular monitoring of business development and the potential for joint growth. Additionally, various joint innovative initiatives are developed within the programme that aim to create added value for customers.One example of ...
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NewsLufthansa launches first Brussels-America freighter
Source: LufthansaLufthansa Cargo is to start a twice-weekly B777F freighter service between Brussels and Chicago O'Hare on 3 April – its first ever cargo service from Belgium to the American continent. The departures, on Mondays and Wednesdays, will originate at the German carrier’s main Frankfurt hub, and aim to exploit ...
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NewsLufthansa Cargo extends its agreement with IATA for CargoIS
Source: Lufthansa CargoThe International Air Transport Association (IATA) has confirmed that Germany freight carrier Lufthansa Cargo has renewed its agreement to use the trade body’s CargoIS platform.The new deal extends a partnership between the two that dates back more than a decade.IATA’s CargoIS provides comprehensive market intelligence relating to the ...
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NewsIATA WCS opening assesses progress on sustainability, digitalisation and safety
Source: IATASpeaking on the opening day of the 18th International Air Transport Association’s World Cargo Symposium (IATA WCS) in Hong Kong earlier today (12 March), the trade association’s global head of air cargo, Brendan Sullivan, noted that, “Air cargo is critical for the global economy. And it improves people’s lives.“In ...
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NewsLufthansa Cargo revenues fall in 2023 as rates cool
Lufthansa Cargo reported a year-on-year revenue drop of 36% in 2023 due to rates normalising after the highs seen during the pandemic era.The cargo arm of German airline Lufthansa recorded revenue of €2.98bn in 2023, a drop of 36% from €4.6bn in 2022.Lufthansa Cargo also generated an adjusted ebit of ...
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InsightsWhat's driving Asia-Europe trade?
E-commerce is proving key for Asia-Europe trade, even as the Red Sea - Suez Canal shipping crisis throws up near-term opportunities.Trade flows have been sent into chaos amidst the outbreak of global conflict. Attacks against international shipping in the Red Sea is just the latest conflagration to have forced a ...