The barrage of policy changes in the early days of the Trump administration is making logistics professionals nervous about the risk of recession and a contraction in air cargo demand.
Lufthansa’s cargo division recorded modest profit growth in the third quarter and this week launched a trans-Pacific freighter service.
Three freighter operators are among the early adopters of an innovative aircraft coating inspired by sharks that makes aircraft more aerodynamic and fuel-efficient.
FreightWaves Air Cargo Editor Eric Kulisch got direct airfield access to Dulles International Airport as part of a presentation for media. Several things caught his eye.
Lufthansa Cargo is building up a fleet of regional cargo jets to support express carriers in Europe and North Africa.
(UPDATED: Lufthansa announced Sept. 12 that it finalized a contract with pilots that will carry through the end of June 2023. And dnata announced Sept. 8, 2022, that had reached agreement in principal on a new collective bargaining agreement with employees, forestalling a potential strike.) Airport services provider dnata is making contingency plans for a […]
Record results by the cargo division pulled Deutsche Lufthansa AG to profit in the second quarter for the first time since the COVID crisis began, underscoring how moving goods has become increasingly important for passenger airlines as a hedge against travel downturns. “The Lufthansa Group is back in the black,” CEO Carsten Spohr declared in […]
European airports have experienced plenty of headaches this summer. A strike at Lufthansa is adding to congestion and frustration.
Lufthansa parked 14 giant Airbus A380 aircraft during the pandemic but now sees value in bringing some back.
MSC, a giant shipping line, wants to buy an Italian airline. If successful, it will then be in the passenger airline and air cargo businesses.
Airlines are growing more optimistic about their recovery from the pandemic as the U.S. reopens its borders. Cargo is riding the coattails of the passenger bounce.
Lufthansa Cargo is an early adopter of the Airbus A321 converted freighter and will use a passenger affiliate to fly the aircraft.
Lufthansa and DB Schenker are working together to increase the market for alternative aviation fuels.
Lufthansa Airlines has added a new CFO, and played musical chairs with a number of other leadership positions.
Lufthansa is expanding its network of cold storage facilities for pharmaceutical products. The network meets the highest industry standards.
The FAA’s ruling allowing airlines to jam more cargo in the cabin by removing passenger seats may be a pyrrhic victory. The incentive to do so may have passed.
Some small and mid-size airlines are filing for bankruptcy, or going out of business. Lufthansa is a major airline and it too is on the ropes.
Airlines are looking at a multiyear road to parity with 2019, but bookings have given them confidence to start opening up networks closed by the coronavirus.
June is supposed to be the heavy travel season, but instead of operating full planes, airlines are busy trying to save their financial lives.
Lufthansa and Germany have agreed on a rescue plan for the airline, but the European Union wants to take a pound of flesh from the German carrier before allowing the deal to go through.
Airlines are in a no-win situation. They need money now to keep from going under but know that debt payments will make it more difficult to make ends meet in the years to come.
Lufthansa will temporarily become a German-state owned company again with a pending plan to give the airline billions of dollars in emergency aid to withstand the fallout from the coronavirus.
Face masks and other personal protective equipment are worth their weight in gold these days, and German authorities are protecting shipments accordingly. Lufthansa Airlines (FWB: LHA) on Monday opened a new air pipeline to funnel personal protective equipment for medical workers from Shenzhen, China, to Frankfurt International Airport, where the gear is met by a […]
Lufthansa and IAG Group are taking baby steps toward expanding flight schedules. That should bring in some more revenue, but Lufthansa is looking for a big bailout from the German government to get through the coronavirus crisis.
The logistics sector specializes in figuring out creative solutions to transportation and trade impediments, and a pandemic is the ultimate test. Check out what DB Schenker and Airbus are doing to increase airfreight capacity.
Virgin Atlantic has an extensive cargo network using passenger aircraft that are flying without passengers.
Lufthansa Group is putting a bunch of long-haul planes in deep storage. A smaller version of itself is busy transporting cargo and scooping up stranded travelers around the world.
The idea of using passenger planes as freighters would have been considered farfetched in February since the main deck can’t be loaded with large pallets. But when there’s a pandemic and a shortage of cargo space, the logistics community gets creative and these planes are being booked at a rapid pace.
Tough times call for drastic measures and Lufthansa sees the writing on the economic wall. It’s wasting no time shrinking for a smaller future.
Passenger aircraft are being used to fly essential cargo between continents. Learn more about what the airlines are doing to survive and to assist key supply chains.
The global pandemic is forcing airlines into a protective cocoon to survive, but many workers are feeling the effects first-hand.
Demand to move goods during the pandemic crisis is high, but available air cargo space is low. Passenger airlines are finding a robust market.
The coronavirus is becoming an existential threat to the airline industry and companies are taking drastic steps to minimize financial losses.
Airlines are getting hammered by falling demand and now will lose much of the trans-Atlantic market entirely for a month as the U.S. bans travel from Europe.
Airfreight demand from China is still lower than normal this time of year, but it is finally picking up as the coronavirus scare gradually subsides. The new dynamic is reflected in higher cargo rates.
Airlines are taking it on the chin from the coronavirus. To balance revenues with expenses, airlines are cutting schedules. Lufthansa and United Airlines have taken cost-cutting even further.
Airlines are at the mercy of the coronavirus. About the only thing they can do is try to reduce operating costs and preserve cash flow until people are willing to start traveling again.
Passenger and freight traffic showed big declines this month in certain regions. Airports and airlines are moving to right-size operations to the downmarket caused by the coronavirus.
Deutsche Lufthansa AG is moving rapidly to reduce costs and preserve cash flow as the coronavirus outbreak widens to more countries. Three days after announcing a series of expense reductions, Lufthansa on Friday said group companies would reduce short-haul operations by up to 25% in the coming weeks, reduce long-haul flight schedules and park 23 […]
Chao outlines five measures aimed at protecting passenger and cargo transportation.
The financial chickens from the coronavirus are coming home to roost. Lufthansa is belt-tightening, other airlines might try to ease lease terms for assets.
The coronavirus could present a silver lining for freighter operators, but any boost in business may be weeks or months away, depending on how long the contagion lasts.
It’s difficult to keep up with the flight suspensions being announced by airlines to China amid fear about the coronavirus outbreak.
The ongoing political strife in Hong Kong is not directly slowing shipping activity at the world’s busiest cargo airport, but could gradually reshape supply chains in unexpected ways. A two-day occupation of passenger terminals at Hong Kong International Airport (HKIA) in August didn’t physically impact cargo facilities or freighter-dominant carriers, and the airport quickly resumed […]
Third runway to open between early 2028 and late 2029
Lufthansa Airlines is being called out by the FAA for allegedly going behind its back to operate at two U.S. airports without approval. Agencies don’t like it when someone tries to deceive them.
Proposed loan may run afoul of EC rules on state aid
Italian state railway balks at government’s failure to agree a deal
API, or application programming interface, may soon become a common three-letter word in the air cargo space by making the booking experience similar to shopping on Amazon.
Atlantia charges that conditions for investment not met
U.S. carrier remains firm with 10% offer
Freightos, the world’s largest freight marketplace, sees transparent pricing of international freight benefiting shippers and forwarders alike.
Initiative includes boosting air cargo revenue
Airline is first Asian carrier to adopt platform
Operating profit for Lufthansa Group dipped slightly in the third quarter from a year ago in the face of higher fuel costs and subpar performance at Austrian Airlines, Brussels Airlines and Lufthansa Cargo, which also announced plans Thursday to purchase two more Boeing 777 freighters. Lufthansa achieved a net profit of 1.15 billion euros ($1.27 […]
Probable investors Atlantia and FS seek concessions
Dutch-made Truck Driver promises a story-driven experience of building a career hauling freight.
The European Commission alleges that a price-fixing cartel in operation from 1999 to 2006 set the levels of fuel and security surcharges.
The company attributed the revenue slip to pricing and volumes, especially on routes between Europe and Asia.
Lufthansa Cargo forms dedicated unit to capitalize on cross-border e-commerce
