Deutsche Lufthansa AG

Lufthansa Cargo pilots to join strike on Friday

A white Lufthansa Cargo jet with a blue tail viewed from the rear as it rises in the sky.

A one-day strike scheduled for Friday by pilots at Lufthansa Airlines will also affect the company’s freighter subsidiary and inconvenience businesses with goods scheduled for carriage. The more serious threat for shippers and Lufthansa Cargo is future labor action of longer duration that could disrupt supply chains, logistics experts say.

The German-flag carrier said it has canceled 800 flights at its Frankfurt and Munich hubs for Friday, and a handful of flights on Thursday, after the pilots’...

https://www.freightwaves.com/news/lufthansa-cargo-pilots-to-join-strike-on-friday

Lufthansa invests in next-gen Boeing 777-8 freighters

A large Lufthansa cargo jet surrounded by shipping containers on the tarmac with an early dawn sunshine in the background.

Lufthansa Cargo will be the second customer for Boeing’s next-generation freighter, the 777-8, after announcing on Monday the largest investment in company history with an order for 10 large cargo jets that will increase capacity by two-thirds over the next decade.

Down a level, aircraft manufacturer Embraer said the first sale of converted E190 regional jets will go to Nordic Aviation Capital, which will send 10 passenger aircraft from its fleet to Brazil to be modified.

The decisions reflect...

https://www.freightwaves.com/news/lufthansa-invests-in-next-gen-boeing-777-8-freighters

Lufthansa replicates sharkskin to boost fuel efficiency of cargo jets

Close up a Lufthansa aircraft tail with logo about "shark" skin technology for better aerodynamics.

Lufthansa Cargo next year will cover its fleet of Boeing 777 freighters with a high-tech coating that mimics the structure of a shark’s skin to reduce aerodynamic drag and fuel consumption, the company said Monday.

The low-friction film consists of riblets measuring about 50 micrometers that imitate the properties of sharkskin and allow air to flow more smoothly over the aircraft during flight. Sister company Lufthansa Technik developed the new AeroShark technology with German chemical...

https://s29755.pcdn.co/news/lufthansa-replicates-sharkskin-to-boost-fuel-efficiency-of-cargo-jets

Lufthansa Cargo begins modernizing Frankfurt warehouse

Entrance to the Lufthansa Cargo Center in Frankfurt. Large building.

Lufthansa Cargo (DXE: LHA) is moving forward with the modernization and expansion of its logistics center at its Frankfurt Airport hub in Germany. The airline this week signed a contract Biechert Automation GmbH & Co. to build a central high-rack storage system with automated pallet storage and retrieval that will be the centerpiece of the new investment.

Lufthansa Cargo said the new building will help improve handling speed for shipments and service levels for customers.

The high-rack storage...

https://www.freightwaves.com/news/lufthansa-cargo-begins-modernizing-frankfurt-warehouse

Lufthansa rotates chiefs at cargo division, subsidiary airlines

A large white jet inside a hangar.hangar.

Deutsche Lufthansa AG (LSE: LN) last week changed the leadership of its cargo division as part of a routine corporate reshuffle and the hiring of a new chief financial officer.

Lufthansa Cargo CEO Peter Gerber, 56, was named the head of Brussels Airlines, effective March 1, and will assume the newly created position of executive vice president of the Lufthansa Group for European affairs in the Belgian capital, pending board approval. The company promoted Dorothea von Boxberg, 46, the chief...

https://s29755.pcdn.co/news/lufthansa-rotates-chiefs-at-cargo-division-subsidiary-airlines

Lufthansa Cargo taps 3PL to run Frankfurt hub

Cargo pallets sit inside Lufthansa's warehouse at Frankfurt Airport.

Lufthansa Airlines (OTC US: DLAKY) is consolidating outsourced operation of its main cargo hub in Frankfurt, Germany, turning the facility over to third-party logistics provider Fiege Group as part of a larger effort to increase efficiency through use of technology.

Physical handling of inbound and outbound shipments was previously carried out by several small- and medium-size handling partners, but their functions will gradually transition over to  Fiege’s new air cargo logistics subsidiary,...

https://www.freightwaves.com/news/lufthansa-cargo-taps-3pl-to-run-frankfurt-hub

Lufthansa secures German rescue package

Lufthansa CEO Spohr speaking at the podium.

Deutsche Lufthansa AG [OTC: DLAKY] has secured the liquidity it needed to ensure its near-term survival after shareholders overwhelmingly voted in favor of a stabilization package from the German government.

Under terms of the deal finalized Thursday, Lufthansa is eligible for loans up to $10.1 billion and the German government will purchase shares for 20% of the company. The government will also be a passive investor with a contribution of $6.4 billion. The German Economic Stabilization Fund...

https://s29755.pcdn.co/news/lufthansa-secures-german-rescue-package

Lufthansa warns bailout in question, bankruptcy possible

A big white Lufthansa plane gets loaded with cargo through side door.

Duetsche Lufthansa AG warned Wednesday that shareholders may not approve a $9.8 billion financial rescue package that would see the German government take a 20% stake in the company and provide other loans and loan guarantees to help it withstand the downturn in business caused by the coronavirus pandemic.

Lufthansa, major provider of air cargo and passenger transport, said that without the government aid it may need to apply for court-administered bankruptcy protection while it continues to...

https://www.freightwaves.com/news/lufthansa-warns-bailout-in-question-bankruptcy-possible

Airlines seek government help to survive winter doldrums

Close up of a white jet from behind the wing, jet is on the ground.

Airlines need more government help dealing with the fallout from the coronavirus if they are to get through the winter doldrums, when revenues tend to wane, the International Air Transport Association (IATA) said Tuesday. 

The key to survival during the winter is schedule flexibility at large airports and for that airlines say they need relief from use-it-or-lose- it slot rules – authorizations to takeoff and land at busy airports on a particular day during a specified time period. 

Governments...

https://www.freightwaves.com/news/airlines-seek-government-help-to-survive-winter-doldrums

Airlines chafe against UK quarantine as Europe opens travel

Pilot with face mask looking out window of big white jet.

An Austrian Airlines flight departed from Vienna at 6:30 a.m. Monday for Munich, Germany, marking the company’s first scheduled passenger flight in almost three months and the lifting of travel restrictions between European Union states. 

It’s good news for airlines that have suffered for months with almost no revenue, but an announcement from Lufthansa Airlines about mass layoffs is a stark reminder that the industry’s road back to financial health will be long and challenging. And while the...

https://s29755.pcdn.co/news/airlines-chafe-against-uk-quarantine-as-europe-opens-travel

+ More