Lufthansa profits surge… market share drops

Lufthansa Cargo says it achieved the best result in its 26-year history in the 2020 financial year. Revenue rose by 11% to €2.76 billion euros, while adjusted earnings before interest and tax rocketed almost out of sight, from €1m to €772 million.  Average load factor improved by 7.8% to 69.1% but cargo capacity shrank by 36%. Paradoxically, though, Lufthansa Cargo lost market share, chief executive Dorothea von Boxberg told an ... [+]

Dorothea von Boxberg to head Lufthansa Cargo

Dorothea von Boxberg is to take over as Chief Executive Officer of Lufthansa Cargo from Peter Gerber, who is to become chief executive of Brussels Airlines from 1 March 2021. She moved to Lufthansa Cargo in 2015, where she initially headed global sales management before being appointed chief commercial officer ... [+]

Lufthansa steps up Shenzhen flights

Lufthansa Cargo is now offering up to 14 additional cargo flights a week from Shenzhen to Frankfurt to cope with heavy covid-19-related demand. The first aircraft, an Airbus A330-300 took off from Shenzhen on 18 May loaded with about 3 million masks and other medical protective equipment on behalf of ... [+]

Lufthansa sets up e-commerce arm

Lufthansa Cargo has set up a new wholly-owned subsidiary, heyworld, to offer is custom solutions to its e-commerce clients. Based in Frankfurt and with Timo Schamber as managing director will offer a range of configurable transport solutions that can be integrated with customers’ storefronts, ERP systems or shipping software, using ... [+]

FBJ-FBJNA welcome Lufthansa Cargo’s new B777F

The editors of both Britain’s FBJ and North America’s FBJNA toured the cargo hold of Lufthansa’s brand-new Boeing 777F during a press conference in Frankfurt, Germany, March 18. The aircraft had arrived Frankfurt from Shanghai and was scheduled to fly to Beijing that evening. The aircraft first landed at Frankfurt after ... [+]

No need to feel the heat

Lufthansa Cargo is offering all shippers using its passive refrigeration shipments free reflective film. The product, produced exclusively for the airline, protects shipments against strong sunlight on airport tarmac, even on hot summer days. [+]

Brazilian superstar

Lufthansa Cargo has christened its fourth Boeing 777F 'Olá Brazil' – 'Hello Brazil in Portuguese - to mark its commitment to the South American country with this greeting as well as mark an important occasion in the football calendar. The five brand new Boeing 777Fs names all follow the theme, ... [+]

Roses are green once again

Lufthansa Cargo is filling its freighters with flowers to ensure that millions of red roses will be available on time for Valentine’s Day on 14 February. The airline will fly around 1,000 tonnes of roses from warmer climes to Frankfurt this year. And just in case the love of your life ... [+]

Going green in Germany

Lufthansa Cargo is hosting its third Cargo Climate Care Conference at the Senckenberg Natural History Museum in Frankfurt on 24 April. Around 200 representatives from the logistics business, the political and scientific community are expected to debate air traffic and logistics 'green' issues and speakers will include climate researcher Mojib ... [+]

Back in the black

Lufthansa Cargo returned to profit in 2012 with an operating profit of €104 million, reported chairman and CEO Karl Ulrich Garnadt on 21 March. The carrier is also anticipating a rise in profits in 2013, he added. Demand-driven capacity management was the secret to Lufthansa's success in what is still ... [+]

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