Post Tagged with: "Lufthansa"

What next for Lufthansa Cargo?

What next for Lufthansa Cargo?

Aircraft, Capacity & Demand, Carriers, Earnings, News, Strategy May 3, 2016 at 10:32 am

Lufthansa Cargo is at a crossroads. All things considered, the Lufthansa Group had a good first quarter. Revenue was almost flat with the previous year’s quarter (in an environment of falling fuel surcharges), operating income (EBIT) went from a loss of €144 million in 1Q15 to a profit of €66Read More

What is going on in Europe?

What is going on in Europe?

Airports, Capacity & Demand, Carriers April 13, 2016 at 10:46 am

The poet T. S. Elliot famously said “April is the cruelest month.” But for the cargo divisions of the big three European carriers, it is hard to imagine April being any crueler than March. No one would say that 2016 started well for the big three European carriers, but itRead More

Lufthansa cargo targets new customer: the passenger

Lufthansa cargo targets new customer: the passenger

Aircraft, Carriers, Photos+Videos, Strategy March 18, 2016 at 10:27 am

Friday has rolled around again, and, as we often do, we are adding some videos to the day’s post. But first, the news: As part of an initiative to increase profitability in a challenging market environment, Lufthansa Cargo said it was enhancing its product portfolio. No surprise in that, as adapting toRead More

European cargo on the upswing?

European cargo on the upswing?

Airports, Carriers, Traffic February 15, 2016 at 10:56 am

The big three Western European carriers have all reported their January cargo results, and all three show improving performance. However, before you break out the Champagne, remember that neither January nor February data can be considered meaningful on their own. The timing of the Lunar New Year holiday in AsiaRead More

Stunning growth at ABC

Stunning growth at ABC

Capacity & Demand, Carriers, News, Traffic December 21, 2015 at 10:46 am

AirBridgeCargo continues to report cargo gains other carriers can only dream about. Although worldwide growth in airfreight demand has stalled in 2015, AirBridgeCargo Airlines (ABC, the scheduled service subsidiary of Russia-based Volga-Dnepr Group) is posting astonishing numbers. The carrier said cargo volume was up 27% y-o-y in November to 50,000Read More

November was cruel to Europe’s Big Three

November was cruel to Europe’s Big Three

Traffic December 9, 2015 at 10:07 am

One of the most famous English-language poems of the twentieth century begins: “April is the cruellest month.” Perhaps that was true in 1922 when T.S. Elliot wrote it, but for two of the big three European carriers – Lufthansa and IAG – April 2015 was far less cruel than November. As forRead More

What next for Lufthansa Cargo?

What next for Lufthansa Cargo?

Carriers, News, Strategy December 7, 2015 at 10:15 am

Lufthansa Cargo, once considered the Gold Standard for combination carriers, has faced increasing challenges in the last decade. In a wide-ranging interview in German financial daily Handelsblatt, cargo boss Peter Gerber talked about both the current situation and Lufthansa Cargo’s plans for the future. Some of the challenges have beenRead More

Qatar’s grand plan for cargo

Qatar’s grand plan for cargo

Aircraft, Carriers, Strategy November 19, 2015 at 9:17 am

The air cargo press was rounded up last month and sent to Doha, to see a shiny new US$1 billion cargo terminal and talk to Qatar Airways. Unusually (but then there is nothing “usual” about Akbar Al Baker) the airline’s CEO was the main speaker at the press conference, a spotRead More