Lufthansa Cargo’s freight volumes fell 14.1 per cent in June to 128,000 tonnes from a year ago, similar to other European cargo carriers, but ending a brief burst of optimism in May when its volumes improved to only a -9.1 per cent drop year-on-year. The drop in June volume left traffic in the first six months of the year down 20.1 per cent from the same period last year at 694,000 tonnes. "In the air freight sector... the market environment remained weak in June," Lufthansa said. The … [Read more...] about No repeat of May’s up-tick for Lufthansa
Lufthansa Cargo
No repeat of May's up-tick for Lufthansa
Lufthansa Cargo’s freight volumes fell 14.1 per cent in June to 128,000 tonnes from a year ago, similar to other European cargo carriers, but ending a brief burst of optimism in May when its volumes improved to only a -9.1 per cent drop year-on-year. The drop in June volume left traffic in the first six months of the year down 20.1 per cent from the same period last year at 694,000 tonnes. "In the air freight sector... the market environment remained weak in June," Lufthansa said. The … [Read more...] about No repeat of May's up-tick for Lufthansa
Frankfurt returns to normal work hours
Frankfurt airport employees will resume normal working hours this week based on what it says is a combination of winning new customers and the slowing of precipitous year-on-year declines in traffic to around 15 per cent in May from over 23 per cent in the first quarter. This also applies to the airport's cargo amid signs the six month slump in freight traffic has bottomed out. Europe’s biggest air freight hub cut hours for 500 of its 630 cargo handlers by around 20 per cent in early … [Read more...] about Frankfurt returns to normal work hours
EUROPE & CIS: Major Euro carriers report cargo leveling
Nearly a six-month long plunge in cargo traffic has leveled out in May for major European carriers, giving hope to earlier sentiments that the global economic contagion will not get any worse. Lufthansa Cargo, Europe’s second largest scheduled cargo airline, carried 125,000 tonnes of freight in May, a 9.1 per cent decline from the same period a year ago that left traffic in the first five months of 2009 down 21.4 per cent at 566,000 tonnes. The May decline is a marked … [Read more...] about EUROPE & CIS: Major Euro carriers report cargo leveling
Lufthansa Cargo warms up to Siberia
Forced to abandon Astana in Kazakhstan last June following a spat with Russian air authorities that threatened to develop into a full-blown diplomatic row, the German cargo carrier has now begun landing in Siberia’s Krasnoyarsk instead, for technical stops en route between Europe and Northeast Asia. Heiner Siegmund reports fromSiberia. “The MD-11F is a very good airliner,†stated Lufthansa’s CEO Wolfgang Mayrhuber at a recent press event in Leipzig/Halle. In … [Read more...] about Lufthansa Cargo warms up to Siberia
CHINA: Jade Cargo busy building Euro connections
Shenzhen, China-based Jade Cargo International and Air Logistics Group have recently entered into agreement for representation in Europe. Air Logistics Group will represent Jade Cargo International as general sales and service agent (GSSA) in the European markets of Belgium, Luxembourg, France, Germany, the Netherlands, Italy, Israel, Scandinavia, Portugal, Spain, Turkey, Switzerland, the United Kingdom and Ireland. Meanwhile, Jade and Austrian Cargo are forging details of their recent … [Read more...] about CHINA: Jade Cargo busy building Euro connections