After several postponements due to the dynamic market situation, Austrian Airlines will once again fly to Shanghai from 2 October, a press release confirmed. A Boeing 767 will fly from Vienna to Shanghai every Friday, with a return flight scheduled the following Sunday. Further connections to China are a conceivable option for Austrian Airlines. “We are very pleased to be able to return to China with regular passenger flights,” says Austrian Airlines board member Andreas Otto. “A second … [Read more...] about Austrian Airlines returns to Shanghai with weekly flights
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Lufthansa Cargo to market Eurowings’ belly capacity
Beginning with the summer timetable (27 March), Lufthansa Cargo will market the belly capacity of Eurowings’ long-haul flights and makes Eurowings the third passenger airline whose belly capacities are marketed by Lufthansa Cargo. The other two services previously available to customers were the Lufthansa and Austrian Airlines cargo holds which offer additional capacity beyond the substantial maindeck capacity of Lufthansa Cargo's 17 freighters. The addition of Eurowings will allow Europe's … [Read more...] about Lufthansa Cargo to market Eurowings’ belly capacity
Lufthansa Cargo rides out a challenging year 2% up
Lufthansa Cargo again maintained its leading position in Europe last year, with a total of 1.6 million tonnes of freight and mail flown and 8.4 billion revenue tonne-kilometres sold. The total volume grew slightly by 2.0 per cent in what the German carriers said was a "challenging market environment". The carrier increased the capacity offered by two per cent over the last twelve months, but noted that with sales falling slightly, capacity utilisation was also down. The full-year load factor … [Read more...] about Lufthansa Cargo rides out a challenging year 2% up
Business as usual for Lufthansa despite strike
Lufthansa Cargo says it will continue to operate all of its flights despite the walkout announced by the pilots’ union, Vereinigung Cockpit. The strike was set to ground all cargo flights scheduled to depart from Frankfurt on Wednesday and Thursday. Two flights will be departing earlier than scheduled, allowing them to bypass the strike period. As Lufthansa Cargo usually flies about half of its freight in the bellies of Lufthansa and Austrian Airlines passenger aircraft, the effects … [Read more...] about Business as usual for Lufthansa despite strike
Austrian Lufthansa Cargo off and running
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. … [Read more...] about Austrian Lufthansa Cargo off and running
EU clears Lufthansa’s Austrian takeover
The European Commission has approved Lufthansa’s takeover of Austrian Airlines Group, allowing it start integrating the company in September. Lufthansa is taking over about 42 per cent of the shares of Austrian Airlines owned by the government for about euro336,000 (US$480,000). The commission also approved a euro500 million government restructuring programme, which Lufthansa has said in the past would be necessary to reduce Austrian's debt. The EU made its decision based on the … [Read more...] about EU clears Lufthansa’s Austrian takeover
