Lufthansa Group’s balance sheet presentation in Frankfurt on Thursday, March 7, revealed not only the successful recovery from the pandemic, but also the challenges that lie ahead for the company. The positive aspects include a Group net profit of €1.7 billion, a 15% increase in revenue to €35.4 billion and an adjusted EBIT of €2.7 […]
Since November, the fourth A321 freighter has been operating in Lufthansa Cargo’s network, making a significant contribution to the cargo carrier’s expansion plans. The freighter with the registration D-AEUJ completes the A321F fleet, meeting the growing freight requirements of its customers. With 14 pallet and container positions on the main deck and ten on the
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With its LCCevolution project, Lufthansa Cargo is pressing ahead with modernising the Frankfurt hub: In August of this year, construction work began on the new warehouse, including the automated transport system and the first building modules in the north of Frankfurt Airport. In addition to the new building, the existing buildings and warehouses of the
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Avflight, together with Lufthansa Cargo, are moving operations onto the apron at Detroit Metropolitan Wayne County Airport (DTW). With the recent move in August to on-airfield cargo warehousing facility, the new location will allow for handling of international air cargo that allows for streamlined operations and shorter distances for loading and unloading aircraft. Lufthansa Cargo
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Frank Bauer will be the new Chief Financial Officer (CFO) and Chief Human Resources Officer of Lufthansa Cargo AG. This was decided by the company’s Supervisory Board. He will take up his new position on August 1, 2023. Bauer began his career at Lufthansa in 2007. Three years later he joined the airline Jade Cargo
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In conjunction with heyworld logistics provider and CB Customs Broker, Lufthansa Cargo AG is looking to grow its e-commerce business. In the process it is looking to establish Frankfurt Airport as a global e-commerce hub. “We clearly experience and see eCommerce as a growth market,” said Ashwin Bhat, CEO of Lufthansa Cargo. “A decisive success
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