Lufthansa Cargo’s slim operating profit of 6 million euros ($7.6 million) in the third quarter, 20 percent higher than a year ago, maintained the carrier’s status as one of the few profitable scheduled air freight operators.
22 Oct 2014
London – Amsterdam and London have closed the gap with Europe’s top freight airports as pilot strikes at Lufthansa and Air France shrunk cargo traffic at their Frankfurt and Paris hubs.
20 Oct 2014
Lufthansa Cargo said all its freighter flights will operate as scheduled as pilots began a 35-hour strike at midday that forced the parent airline to cancel 1,450 short- and medium-haul passenger flights.
10 Oct 2014
Lufthansa Cargo’s volume shrank 2.9 percent in September from a year ago, but the carrier cautiously anticipates a seasonal uptick in demand in the fourth quarter.
07 Oct 2014
Lufthansa Cargo pilots will stage a 48-hour strike on Wednesday and Thursday, but the German airline said it will have little impact on shippers.
30 Sep 2014
European air freight shippers are facing fresh disruption today as a strike by Lufthansa pilots forced the cancellation of 50 long-haul flights to and from Frankfurt, Germany, the German carrier’s global cargo hub.
10 Sep 2014
Lufthansa Cargo saw traffic dip 1.1 percent in August from a year ago as an increasingly weak European market offset growth on reviving Asia-Pacific and North and South America routes.
03 Sep 2014
Lufthansa Cargo and All Nippon Airways will soon launch joint freight services between Europe and Japan after obtaining antitrust approval in Japan.
31 Jul 2014
Lufthansa Cargo today posted another profitable quarter despite lower traffic and revenue, overcoming a weakening global air freight market that has trapped many of its leading rivals in the red.
12 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association surprised watchers by announcing a 72-hour hiatus in their negotiations so that the union could deal with unrelated talks in the Pacific Northwest, and by extending the expired coastwide contract during the suspension of negotiations.
10 Jul 2014
Lufthansa Cargo is cutting freighter capacity in response to continued weakness in global cargo demand that saw its volume slump by 8 percent year-on-year in June with no signs of a pickup in sight.
11 Jun 2014
Lufthansa today warned that an expected rebound in its cargo business hasn’t materialized and there’s no pickup in sight as it lowered its profit targets for the next two years.