Thursday Lufthansa said it would dissolve cargo counts and fold its activities into those of its main Lufthansa Cargo subsidiary in the next year.
The original idea, Lufthansa explained, was that at many airlines, “there often are not enough resources left for the cargo business, despite the fact that industry growth forecasts indicate enormous business opportunities which could substantially contribute to an airline’s overall profit.”
Lufthansa said by hiring the Lufthansa subsidiary airlines could “take the fast lane to overall profitability” by entrusting freight management to cargo counts (the company spells its name with all lower case letters).
Carsten Spohr, chairman of the executive board of Lufthansa Cargo, said, “Through the integration of cargo counts we are provided with operational synergy effects and will further increase the economic efficiency of Lufthansa Cargo Group.”
cargo counts customers mainly include tourist airlines like Condor or Sun Express as well as marketing the capacities of the Italian airline AirOne and of Croatia Airlines.
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
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