Lufthansa Cargo

Lufthansa, Air France-KLM plan to cut costs after tough first quarter

Air France-KLM said it would tighten spending for the rest of the year, including a freeze on hiring support staff and a vow to stabilise operations, particularly at carrier KLM

Lufthansa upbeat on travel demand, posts adjusted EBIT at $1.56 bn in Q3

Lufthansa shares were set for their biggest daily gain since June 2022, according to Eikon data, in the wake of the earnings announcement

Easing bilateral rights will help Indian carriers: Lufthansa executive

In order for an airline to operate a scheduled flight between two countries, there must be a "bilateral air services agreement" in place

Germany's flag carrier Lufthansa registers profits after Covid slump

After two consecutive years of losses, Germany's flag carrier Lufthansa said that it had once again made a profit in 2022, as international air traffic recovered from the Covid-19 pandemic.

Thousands of flights to and from German airports cancelled as staff strikes

Thousands of flights to and from German airports were cancelled Friday as workers walked out to press their demands for inflation-busting pay increases. The strikes at seven German airports, including Frankfurt, Munich and Hamburg, affected almost 300,000 passengers and forced airlines to cancel more than 2,300 flights. Christine Behle of the Verdi labour union told public broadcaster RBB-Inforadio that failure to reach a meaningful deal with employers on pay could result in a summer of chaos at German airports. The union is seeking a 10.5 per cent increase for its members, or at least 500 euros, to make up for high inflation seen in Germany and elsewhere last year due to the knock-on effects Russia's attack on Ukraine has had on global food and energy prices. Verdi chairman Frank Werneke told weekly Frankfurter Allgemeine Sonntagszeitung that the willingness among its members to stage strikes was big and future walkouts could reach another dimension. He noted that recent strikes

Airlines are removing seats to make space for gadgets and seafood

The grounding of passenger planes at a time of increased demand for everything from medical supplies to iPhones has boosted freight rates

Lufthansa Cargo increases India flights to increase freight traffic share

Lufthansa Cargo is increasing capacity to India and looking for partnerships with other airlines to grow its share in the fast growing market.Lufthansa Cargo has 10 per cent share of India's international freight traffic and seeing 9 per cent growth in the market in 2017 which is higher than its overall 6-7 per cent growth the cargo division is witnessing globally. It has increased weekly frequency to Mumbai to four from three flights earlier to cater to the growth. "We have a strong presence in India and we expect our market share to increase. India has been among one of our fastest growing markets this year," said Peter Gerber, chief executive officer of Lufthansa Cargo.In addition to its ten weekly freighter flights to India covering Mumbai, Bengaluru, Chennai and Hyderabad, the airline offers belly space in passenger aircraft which operate to India. Apart from increasing its flights the airline is also focused on opening new customer segments, digitization and expanding ...

Lufthansa Cargo may add flights to Delhi

Expects boost in air freight demand as manufacturing expected to get a filiip under Make in India