Lufthansa has set its course for growth with the group’s largest investment as the German airline ordered 10 Boeing widebody freighters, including three 777Fs and seven 777-8Fs, valued at around $3.9 billion. The first of the 777F aircraft, which could be acquired on the used market at short notice, is expected as early as July 2022. Two more brand-new B777Fs will follow at a later date. Lufthansa Group is also betting on seven new B777-8Fs, a technically enhanced freighter version … [Read more...] about Lufthansa orders 10 Boeing freighters worth US$3.9b
Lufthansa
Lufthansa will only fly cargo with electronic air waybills
Lufthansa Cargo has taken a major step towards paperless shipments, as beginning the summer schedule on 27 March 2022, only an electronic air waybill or eAWB will be accepted for shipments, particularly on feasible lanes. "Routes that are eAWB-feasible are those for which the regulatory basis for the use of electronic air waybills is in place," the airline explained. If local regulations in a country require the presentation of a paper AWB, Lufthansa Cargo will re-produce the AWB, and the … [Read more...] about Lufthansa will only fly cargo with electronic air waybills
Lufthansa joins MSC in bid for Italian airline
Mediterranean Shipping Co. plans to own a controlling stake in new Italian flag carrier ITA Airways in a deal valued somewhere around US$1.4 billion, which would include German airline Lufthansa. Lufthansa would act as an industrial partner and possibly consider up to 40 percent equity involvement, but some analysts think it is unlikely to make an immediate investment. The airline, exiting restrictions on merger activity that came with its 9 billion-euro government bailout, has paid back … [Read more...] about Lufthansa joins MSC in bid for Italian airline
Cologne-Bonn Airport names new CEO
Cologne-Bonn Airport through its supervisory board has unanimously elected Thilo Schmid as the new CEO of the German air hub with immediate effect. The 46-year-old will form the new management of Cologne-Bonn Airport together with second managing director and batchmate Torsten Schrank, the company’s finance chief. Mr Schmid, who has worked in the transport and logistics sector within the Lufthansa Group, has 20 years of experience and is described as a ‘recognised airport expert who has … [Read more...] about Cologne-Bonn Airport names new CEO
PLA Global Wrap: Week 20
In PLA's week 20 global wrap, we go to Brazil to cover LATAM’s planned cargo fleet expansion with more 767-300ERsset for freighter conversion. We then fly to Paris where Geodis has opened a new cargo facility to ease the flow of exports and imports it handles over at CDG. We also have the latest on Lufthansa, Qatar, SmartKargo and FedEx to roundup the B2B industry updates in the week of 16-22 May. LATAM targets cargo fleet expansion by 2023 LATAM Group plans to add 10 B767-300BCFs (Boeing … [Read more...] about PLA Global Wrap: Week 20
PLA Global Wrap: Week 10
In last week’s roundup, we take a look at some of the latest developments in and out of Asia Pacific, including dnata’s cargo milestone at Dubai International airport (DXB), DHL’s recent partnership with Indonesia’s Pelindo 1 and the all-women service centre launched by Blue Dart in India to celebrate International Women’s Day. Frankfurt Airport sees record February for cargo Despite the ongoing shortage in belly capacity, Frankfurt Airport saw a record February for its cargo operations … [Read more...] about PLA Global Wrap: Week 10