The new Vienna-based Austrian Lufthansa Cargo subsidiary has commenced operations from 1 July with the new company now marketing all freight capacities of both airlines in Austria. Freight activities in all other countries have been amalgamated under the management of Lufthansa Cargo.

Lufthansa Cargo has a 74 per cent stake in the new company, while Austrian Airlines holds 26 per cent. Lufthansa Cargo chairman and CEO Carsten Spohr expressed his satisfaction with the start of cooperation with the Austrian carrier: “Through the successful integration of Austrian Cargo, our joint customers will profit from extensive connections in the eastern Europe growth region as well as access to the entire product portfolio and electronic booking channels of Lufthansa Cargo.

“Staff from both companies have worked hard on shaping cooperation between the two airlines in recent months. We intend to expand our position in Austria in the long term, increase our market share and strengthen the Vienna hub. The airport shall become a centre of operations in future between eastern and western Europe,” Spohr added.