Air Freight and Logistics
Company Overview of Lufthansa Cargo AG
Lufthansa Cargo AG operates as a cargo carrier that focuses on the airport-to-airport freight business. It offers standard, express, and special freight services. The company provides logistics solutions for agriculture and food, art and culture, automotive, chemical, healthcare, and oil and gas industries. It serves customers in Germany and internationally. Lufthansa Cargo AG was formerly known as German Cargo Services GmbH and changed its name to Lufthansa Cargo AG in 1995. The company was founded in 1977 and is based in Frankfurt am Main, Germany. Lufthansa Cargo AG operates as a subsidiary of Deutsche Lufthansa Aktiengesellschaft.
Frankfurt am Main, 60546
Founded in 1977
Key Executives for Lufthansa Cargo AG
Chairman of The Executive Board and Chief Executive Officer
Vice President of Transport Management & Flight Operations and Accountable Manager
Vice President of Product Management & Competence Center
Director of Sales & Handling Nordic and Baltic
Compensation as of Fiscal Year 2015.
Lufthansa Cargo AG Key Developments
Lufthansa Cargo AG and ANA Cargo Announce Joint Venture
Jun 9 15
Lufthansa Cargo AG and ANA Cargo announced joint venture to cover Europe to Japan as of August. More and faster connections, more capacity, flexibility and time saving: these are the benefits available to European customers of Lufthansa Cargo and ANA Cargo as of 3 August. Both airlines are expanding their joint venture for freight consignments to routes from Europe to Japan. This means that European customers also have access to the shared network of the two airlines made up of over 90 weekly direct flights between Europe and Japan. First customers in Germany, France, United Kingdom and Austria will participate in the partnership. All other European countries will follow step by step. Lufthansa Cargo and ANA Cargo flights currently connect Frankfurt, Munich, Düsseldorf, London Heathrow, Paris Charles-de-Gaulle and Vienna with Tokyo Narita, Tokyo Haneda, Nagoya and Osaka. Both partners are offering their flights in a shared network on the cooperation routes. Freight is also handled at numerous stations in shared warehouses both in Japan and Europe.
Lufthansa Cargo Reports Earnings and Traffic Results for the Year 2014; Provides Earnings Guidance for the Year 2015
Mar 18 15
Lufthansa Cargo reported earnings and traffic results for the year 2014. For the year, the company’s total revenue was EUR 2,435.3 million against EUR 2,443.3 million a year ago. Operating result was EUR 100.3 million against EUR 79.3 million a year ago.
For the year, the company reported available cargo tone- kilometers of 12,354 million against 12,490 million a year ago. Revenue cargo tone-kilometers were 8,612 million against 8,731 million a year ago. Cargo load factor was 69.9% against 69.6% a year ago.
The company therefore expects profits to increase once more in 2015. Profit for the year should be up slightly on 2014 in an environment with solid growth rates.
All Nippon Airways and Lufthansa Cargo AG, Launches an Innovative Air Cargo Joint Venture
Dec 4 14
All Nippon Airways (ANA), and Lufthansa Cargo AG, have launched an innovative air cargo joint venture on Japan-Europe routes. Since December 1, 2014 both airlines have commenced joint sales of shipments on flights from Japan to Europe. On December 2, the first shipment sent by forwarder Schenker-Seino Co. Ltd. and booked via Lufthansa Cargo was transported by ANA on flight number NH 277 from Tokyo to London. It consisted of three pieces of general cargo and weighed 153 kilograms. Due to the direct flight of ANA between the two cities, the customer was now able to take receipt of his shipment approximately 16 hours earlier than by choosing the transfer connection via Frankfurt. On the same day the Lufthansa Cargo freighter flight LH 8385 carried the first shipment booked through ANA. The load weighed 1.8 tonnes. By accessing cargo capacities on freighter aircraft, it is now possible for ANA customers to send big volume freight and cargo that may only be transported on freighters, directly from Tokyo to Frankfurt.
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