Lufthansa Cargo outlines future plans
22 / 03 / 2011
AFTER a strong 2010, Lufthansa Cargo will further grow its fleet and network alongside a modernisation campaign.
The company posted an operating profit of €310 million (US$439 million) in 2010 with €2.8 billion (US$3.97 billion) in revenues, rising to near pre-crisis levels.
The Germany-based carrier has big plans for the next four years. Its five new Boeing 777Fs are slated for delivery between 2013 and 2015. Lufthansa Cargo is also preparing for modernisation of the cargo centre at its home base at Frankfurt Airport. In addition it will modernise its IT infrastructure to replace paperwork in airfreight completely with electronic documents.
The company has also started sending freighters to China. From 29 March Lufthansa Cargo is to operate its MD-11 freighter services on the Shenzhen-Frankfurt route three times a week.
International Cargo Centre Shenzhen, a joint venture air cargo terminal between Shenzhen Airport and Lufthansa Cargo, is ready to handle its cargo warehousing in Shenzhen Airport.