All Lufthansa Articles – Page 4
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News
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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NewsA380 finally lands freighter role with LHT modification
Source: AirbusGerman maintenance specialist Lufthansa Technik is working on a conversion for an Airbus A380 as part of its effort to offer temporary passenger-to-cargo modification services.Lufthansa Technik has not identified the customer but states that it has been awarded the technical and engineering task to support the “operational change” for ...
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NewsLufthansa strips out seats to create extra cargo space
Lufthansa will take out the seats from several of its aircraft as it looks to create space to carry extra cargo.The move is part of wider efforts to expand cargo capacity through the addition of extra services to meet a capacity crunch.The airline said that in co-operation with sister company ...
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Lufthansa mulls cargo-only PAX flights while it cuts capacity
While announcing its 2019 financial results, Lufthansa said that it was considering using its idled passenger aircraft for freight-only flights while it also revealed drastic capacity cuts in response to the coronavirus.The German airline group said it would reduce capacity by 95%, parking up 700 aircraft, as part of measures ...
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NewsIBS Software to host airfreight management platform for Lufthansa Cargo
IBS Software helps Lufthansa cargo handling move to the cloud: Dr. Jochen Göttelmann (Lufthansa Cargo), V K Mathews (IBS), Dr. Martin Schmitt (Lufthansa Cargo) and Ashok Rajan (IBS) - left to right.IBS Software has signed a five-year contract with Lufthansa Cargo to host and maintain the carrier's iCAP cargo handling ...
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NewsCargolux, Lufthansa and DSV Panalpina increase China freighter services
Cargolux B747-8FCargolux, Lufthansa and DSV Panalpina will increase freighter capacity to China over the coming weeks as production lines resume operations.The move comes as freighter operators brace for a spike in demand from China as a result of passenger airlines cutting services due to low demand and factories slowly starting ...
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News
Lufthansa Cargo partners with portal Fleet for booking and tracking
Online cargo portal Fleet will become one of the first companies to connect into Lufthansa Cargo's latest booking and Application Programming Interfaces (APIs) for booking and tracking.The Frankfurt hubbed carrier said that it would connect with Fleet through its new smartBooking API to simplify the portal's customers' ability to quote ...
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cargo.one and Lufthansa release China flight updates amid virus outbreak
Last week, digital booking platform cargo.one has created a dedicated 'operating status page' to keep users informed about flight and schedule changes that airlines are making to help prevent the spread of the coronavirus.In a statement, a spokesperson for cargo.one explained: "As the capacity constraints on routes to mainland China, ...
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Lufthansa and Air Canada the join the list of airlines suspending services to China
The Lufthansa Group and Air Canada have joined British Airways in taking precautions against the Chinese coronavirus outbreak by similarly suspending flights to mainland China.All three US majors have also suspended some or all of their flights into China as the rate of infections rise and consumer demand falls.The moves ...
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A tough end to the year for cargo at Europe's major airlines
The end of year traffic figures from European airlines sum up what a tough year 2019 was for the air cargo business.Figures just released by Lufthansa show that cargo carried by its various airline businesses in 2019 was down by 2.1% year on year to 10.7bn revenue cargo tonne kms ...
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Lufthansa hit with $6.4m fine from US FAA
Lufthansa has been issued a $6,428,000 penalty fine by the US Department of Transportation’s Federal Aviation Administration (FAA) for "allegedly conducting almost 900 flights that were not in compliance with Federal Aviation Regulations".In a statement, the FAA explained: "The FAA alleges Lufthansa operated the flights into and out of San ...
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Lufthansa prepares for two days of cabin crew strikes
The Independent Flight Attendants Organization (UFO) has announced that its Lufthansa members are participating in full-day strikes this week (November 7-8) .Although passenger flights will be affected, thereby disrupting bellyhold operations, Lufthansa Cargo freighters will fly as planned, subsidiary time:matters said in a statement.On Thursday, 7 November, 2,300 of the ...
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Lufthansa Cargo re-launches MIA freighter service
For the first time in more than 25 years, Lufthansa Cargo will be flying a freighter service to Miami International Airport (MIA).The freighter service will fly weekly from Frankfurt to Miami, utilising B777 aircraft.MIA said Germany is a "highly-valued European trade partner"; last year, imports and exports between the two ...
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NewsTelair International develops cargo loading system for A320 family aircraft
Telair International is set to launch a cargo loading system (CLS) that allows the lower deck of a narrow-body aircraft to be quickly converted for different cargo requirements, with launch customer Lufthansa order 100 of the new system.The CLS consists of pre-assembled floor modules that can be reconfigured "within a ...
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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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NewsJan Smets named as SN Airholding director
Jan Smets, a former governor of the National Bank of Belgium, has been elected to the board of directors of SN Airholding, owner of Brussels Airlines.The Belgian economist will formally join the board on July 9.Smets served as the National Bank of Belgium’s governor between March 2015 and January this ...
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