Lufthansa Cargo to retire MD-11Fs for more 777Fs
Lufthansa Cargo will accelerate fleet modernisation by purchasing two new Boeing 777 Freighters, with 10 older MD-11Fs being retired by the end of 2020. The 777Fs will be delivered in 2020 and based in Frankfurt, with their higher cargo capacity and range offering the same freight performance but with fewer aircraft movements. Customers will have […]
Asian weakness drags down Lufthansa Cargo profits
Profits in Lufthansa’s logistics business segment slumped by almost 90% in the first half of 2019 due to weakness on routes to Asia. Profits measured in adjusted earnings before interest and tax (EBIT) was down 88% to €15 million. In the second quarter of 2019, the segment fell into a loss of €9 million compared […]
Lufthansa Cargo cuts capacity as demand weakens
In response to weaker global air cargo demand, Lufthansa Cargo is adjusting schedules to reduce capacity in the second and third quarters of 2019. Lufthansa Cargo says services will be cut across the entire flight programme in line with demand, with regional offices informing customers of changes in good time. The airline says mid-year adjustments […]
Negative market trends hit Lufthansa Cargo’s profits
First quarter profits for Lufthansa Cargo fell substantially due to negative market trends particularly on Europe – Asia routes. Adjusted EBIT was down 67% to €24 million, with the adjusted EBIT margin declining by 7.3 percentage points from 11.2% to 3.9%. Revenue for the logistics business segment, which covers Lufthansa Cargo was down 4% to […]
ST Aerospace lands 5 year MD-11 maintenance deal with Lufthansa
ST Aerospace has secured a five year exclusive MD-11 Heavy Maintenance Support contract from Lufthansa Cargo worth 39 million Singapore dollars ($30 million). Under the agreement, ST Aerospace will become the sole service provider supporting the airline’s MD-11 fleet in both light and heavy C-checks starting from 2019. The aerospace arm of ST Engineering has […]
Western Global continues to bring hurricane aid to Puerto Rico
Western Global Airlines is continuing to operate relief flights to Puerto Rico, carrying emergency supplies in huge quantities on board its MD-11 Freighters. Each flight carried about 200,000lbs of supplies including food, water and equipment, with two relief flights travelling from Miami to Rafael Hernandez Airport in Aguadilla filled with tents, water and other supplies […]
Lufthansa Cargo to restart MD-11 freighter to Kansai
Lufthansa Cargo is to resume a direct 80-tonne MD-11 Freighter service from Frankfurt Airport to Osaka’s Kansai International Airport from 18 January next year. The German cargo carrier last flew the route in March 2014 and will service Kansai twice a week stopping in Osaka on a Thursday and Saturday. The MD-11 has a capacity of […]
Lufthansa flies aid to Puerto Rico following Hurricane Maria
Lufthansa Cargo has flown one of its MD-11 Freighter aircraft from Frankfurt Airport to Puerto Rico to deliver 80 tonnes of aid to those affected by Hurricane Maria. The aircraft flew to Aguadilla on the West coast, where a Lufthansa Technical Site is situated with 400 colleagues residing in the local community reside, and is […]