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 ...
Leisure Cargo, the GSSA which runs the cargo operations for some 14 leisure and low-cost carriers, has been taken over by Berlin’s Zeitfracht Group, following the collapse of parent Air Berlin. Zeitfracht is a medium-size logistics company with a trucking network throughout Europe. As CargoForwarder notes here, it will have its work cut out. Air Berlin used to account for some 20% of Leisure Cargo’s operations, but as the long-haul routes wound down this declined to some 10%. The new ...
European port congestion now at five-to-six days, and getting worse
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