Recovery on the horizon at Lufthansa?

After two quarters of falling traffic demand, and a €46 million first half operating loss, more bad news from Lufthansa’s cargo unit would not have been surprising, but July traffic figures are encouraging. As shown in the chart, Lufthansa’s Group cargo traffic was up 1.6% y-o-y — not a huge gain, but a great deal better than what […]

Troubles continue for Europe’s big three

With the publication of its first-half results, Lufthansa issued a warning that, for the first time in many years, its cargo division was likely to post a full-year operating loss. We have come to expect losses at Air France-KLM Cargo, but Lufthansa? Lufthansa’s cargo operation had always seemed proof against increased competition and a deteriorating […]

Up to 800 jobs to go at Lufthansa Cargo

On the cover of its first-quarter report, the Lufthansa Group lists five key points concerning the company’s performance. Four of them are positive. And then there is this: ”All operating segments except for Lufthansa Cargo are developing in line with forecasts.” Perhaps, with a clue as blatant as that, and the dismal first-quarter financial and […]

Lufthansa & Cathay

To follow up on yesterday’s post about the new Lufthansa/Cathay Pacific cargo partnership, we offer some fleet and traffic details, and (it is Friday) some videos featuring the two airlines. Starting with the fleets: Both Lufthansa and Cathay operate large fleets of widebody passenger aircraft, with significant (and growing) belly capacity. Lufthansa has 107, including A330s, A340s, […]

A partnership of giants

Two of the world’s top three international cargo carriers have joined forces. Lufthansa and Cathay Pacific rank second and third, respectively, among all airlines in international cargo traffic, trailing only Emirates. So their formation of a joint network to connect Hong Kong to Europe, as announced today, is an interesting move. Regarding the agreement itself, the carriers said […]
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