All Lufthansa Cargo Articles – Page 8
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NewsLufthansa Cargo opens fine arts warehouse at Frankfurt
Photo: Lufthansa CargoLufthansa Cargo has opened a new 155 sq m fine arts warehouse in the Lufthansa Cargo Centre in Frankfurt.The new facility doubles the space available for curators and collectors of high-value pieces of fine art and is part of the carrier’s ongoing modernisation of its largest airfreight hub ...
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NewsCathay Pacific and Lufthansa Cargo expand joint venture
Photo: Lufthansa CargoCathay Pacific and Lufthansa Cargo have added Swiss WorldCargo to their joint venture to expand the number of destination they can offer.Lufthansa Group-owned Swiss WorldCargo's entry builds on the joint business agreement signed in 2016 between Cathay Pacific and Lufthansa Cargo, which allows collaboration on distribution, pricing, contracts ...
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NewsPreighter feat for Lufthansa Cargo
Photo: Lufthansa CargoLufthansa Cargo has operated more than 100 preighter flights for logistics company EgeTrans as part of a charter agreement which started in the winter of 2020.Airbus A340 and A350 passenger aircraft in cargo-only mode have been flying exclusively for EgeTrans from Frankfurt to Chicago, carrying an average of ...
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NewsLufthansa Cargo orders ten Boeing freighters
Boeing B777F and B777-8F. Copyright: BoeingLufthansa Cargo has ordered three Boeing 777F freighters and seven new-generation 777-8F freighters to increase its airfreight capacity.In addition, leases for two Boeing 777F freighters, which run through 2024, will be extended for seven years each through 2031.The first of the 777F aircraft, which could ...
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Lufthansa Cargo breaks more records in Q1
Lufthansa's cargo business continued to report record performance in the first quarter of the year as it benefitted from additional capacity and higher rates.The Germany-based airline’s logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its investment in AeroLogic, saw first quarter revenues reach a record for the period of ...
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NewsLufthansa Cargo and Kuehne+Nagel promote PTL SAF
Boeing 777 freighter with SAF livery. Photo: Lufthansa CargoKuehne+Nagel and Lufthansa Cargo are continuing to promote the use of power-to-liquid (PTL) synthetic sustainable aviation fuel (SAF).On April 14, a Lufthansa Cargo B777 freighter (registration D-ALFK) flew from Frankfurt, Germany to Seoul, South Korea with new livery that reads "Flying into ...
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Kuehne ups his stake in Lufthansa
Kuehne+Nagel majority owner Klaus-Michael Kuehne has doubled his stake in German airline Lufthansa to 10%.In a stock exchange note, the airline revealed that German national Kuehne's KA Logistik Beteiligungen made the investment on April 8.He is now the second largest shareholder in the airline behind the German state, which owns ...
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NewsWhen will air cargo's supply-demand balance return to pre-Covid levels?
The air cargo market could see its supply-demand balance return to pre-covid levels in 2025, although that prediction comes with a plethora of caveats.Speakers at the Nordic Air Cargo Symposium were tasked with taking a look at air cargo’s road to recovery and they concurred that industry turbulence was set ...
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InsightsLufthansa Cargo flies high
Lufthansa Cargo’s fleet investments are paying off with robust revenues but efforts to create and maintain capacity continue.The German cargo airline saw 2021 revenues increase by 38% year on year to €3.8bn and earnings before interest and tax rise by 109% on a year earlier to reach almost €1.5bn, said ...
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NewsLufthansa Cargo and cargo.one debut auto assigned AWBs
Source: cargo.oneLufthansa Cargo and cargo.one have launched a joint initiative that removes the prerequisite for freight forwarders to hold valid Air Waybill (AWB) stock before making an air cargo booking.cargo.one users can now book Lufthansa Cargo’s global capacities and have an AWB automatically assigned.Freight forwarders using cargo.one to book shipments ...
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NewsJettainer to manage ULDs for T’way Air
Photo: JettainerSouth-Korean low-cost airline T’way Air has chosen Lufthansa Cargo subsidiary Jettainer to provide unit load device (ULD) management services as it expands its aircraft fleet.The two partners have signed a five-year contract that from March 1 has seen the ULD management company provide containers and pallets for the Seoul-based ...
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NewsLufthansa Cargo launches intra-European freighter flights
Lufthansa Cargo A321F. Source: Lufthansa CargoLufthansa Cargo has launched its new short- and medium-haul European freighter network with an A321F flight from Frankfurt to Dublin.The network will initially utilise a single A321 freighter - named Hello Europe - flown by Lufthansa Group airline CityLine. In August, a second A321 freighter ...
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Lufthansa Cargo: Ukraine crisis will cause 10% global capacity drop
Lufthansa Cargo expects global market capacity will be approximately 10% down as a result of the Ukraine invasion.Speaking at a press conference, Lufthansa Cargo chief executive Dorothea von Boxberg said this is because of restrictions for global fleets. Russian carriers are restricted by airspace sanctions by the European Union, UK ...
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Lufthansa Cargo posts record results
Lufthansa's cargo business has registered record results for the second year in a row as it benefits from improved demand and higher airfreight rates.The Germany-based airline's logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its investment in AeroLogic, saw revenues for 2021 increase by 38% year on year to ...
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NewsDB Schenker and Lufthansa Cargo extend CO2 offer
Photo: Lufthansa CargoDB Schenker and Lufthansa Cargo will continue their fossil-free freighter flights between Frankfurt (FRA) and Shanghai (PVG).The joint offer towards greener logistics will extend until at least October.Lufthansa Cargo and DB Schenker have saved 31,000 tons of CO2e since starting their cooperation at the end of 2020. By ...
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InsightsPutzger perspective: Outlook bright and tight
Copyright: Jaromir Chalabala/ ShutterstockStrong air cargo growth is expected to continue in the first half of 2022, but with continued pressure on capacity, writes Ian Putzger.Despite, and partly because of, ongoing turbulence, air cargo keeps going strong. The industry flew through 2021 with an 18.7% increase in traffic over 2020 ...
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InsightsRobust demand and rates for Asia-Europe air cargo
Asia-Europe air cargo trade looks set to continue with high rates and demand in 2022, writes Roger Hailey.Turbulence is an understatement when describing the many variables facing air cargo’s Asia-Europe trade lane in 2022.A cocktail of ingredients looms ominously: possible Covid-19 variants shutting down factories as well as airlines and ...
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NewsLufthansa Cargo announces medium-haul network start date
Photo: Lufthansa CargoLufthansa Cargo will in March launch its new medium-haul network using two converted A321 freighters to help meet e-commerce demand.Customers will able to make bookings from March 1 for operations from March 15 covering Istanbul (IST), Tel Aviv (TLV), Malta (MLA), Tunis (TUN), Dublin (DUB) and Manchester (MAN).The ...
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Röhlig Logistics partners with Lufthansa Cargo to cut carbon
Lufthansa Cargo and Röhlig Logistics are joining forces to offer customers a sustainable transport service by aiming to decarbonise selected routes.Röhlig Logistics relies on investments in certified climate protection projects in order to effectively compensate for CO2 emissions that arise during the transport of airfreight.The company is initially committed to ...
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NewsLufthansa Cargo drives forward paperless goal
Photo: Lufthansa CargoLufthansa Cargo will accept only those shipments with an electronic air waybill (eAWB) on ‘feasible lanes’ from March 27 this year.In addition, the airline is introducing a paper-to-eAWB service, through which the few remaining paper-based AWBs will be digitised at shipment acceptance and then continue to accompany the ...