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Lufthansa Cargo remains optimistic

October 10 - Lufthansa Cargo says it is cautiously optimistic for the fourth quarter of 2014 and expects a seasonal upturn in demand during the Christmas period.

Its chief executive said: "Lufthansa Cargo remains on track despite a challenging market environment." His comments came as the Lufthansa Group released traffic figures for September, showing a 3.2 percent drop in freight volumes.

Lufthansa Cargo is expecting to increase operating profit slightly this year in comparison with the EUR77 million (USD97 million) it reported for 2013.

The air freight arm of Germany's largest airline, said it has invested specifically in its own network during the last quarter. Since mid-September the cargo airline has been flying an MD-11F to Lagos, Nigeria twice a week. And more new routes will be added over the coming weeks.

In addition, Lufthansa Cargo says it expects to become even more attractive for its customers on the routes between Japan and Europe thanks to a joint venture with All Nippon Airways (ANA). From December the two airlines will have combined network and a much larger choice of direct flights.

Heavy Lift | News

MACS appoints UAL America as agent thumbnail image

MACS appoints UAL America as agent

April 23 - MACS Maritime Carrier Shipping has appointed Universal Africa Lines, America (UAL America) as its sales agent in Texas, effective June 1, 2019.
Views: 172
EU recognises Scheuerle and Kamag thumbnail image

EU recognises Scheuerle and Kamag

April 23 - The EU Commissioner for budget and human resources, Günther Oettinger, congratulated TII Group for a combined 200 years of innovation and competence at its subsidiaries, Scheuerle and Kamag.
Views: 193
Ceva launches BRI block train thumbnail image

Ceva launches BRI block train

April 22 - Ceva Logistics North Asia has launched a block train service from China to Europe as the company looks to tap into the potential of the Belt and Road Initiative (BRI).
Views: 353
Crowley promotes Sandra Goranovic thumbnail image

Crowley promotes Sandra Goranovic

April 22 - Crowley Maritime has appointed Sandra Goranovic as vice president of finance and accounting for the Crowley Shipping business unit.
Views: 365

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