Lufthansa and AF-KLM blame weak Q1 cargo business for poor results
Both Lufthansa Group and AF-KLM Group specifically blamed cargo for glum overall Q1 performances, with ...
Lufthansa Cargo is looking to cut costs through a series of bilateral relationships, the first of which looks set to be All Nippon Airways. In an interview with Bloomberg last week, the CEO of Swiss Air Lines and Lufthansa management board member Harry Hohmeister, said the cargo arm planned to quadruple its business within two years, while Lufthansa aimed for a record profit next year. He added that LH Cargo was reviewing its freight aircraft requirements. “We have to consider how the cargo markets are changing. If we adapt the way we grow, it may still work out in terms of profitability.”
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Don't chase that final dollar, warning to shippers delaying signing new contracts
Flexport's newly liveried aircraft ready as business looks up
Comment on this article