24 Jan 2017
Cathay Pacific Cargo is relocating its local cargo handling activities in Frankfurt to the Lufthansa Cargo terminal as part of the cooperation agreement between the two airlines
The relocation of Cathay Pacific Cargo's freight handling into the Lufthansa Cargo Center (LCC) in Frankfurt is a core element of the Joint Business Agreement (JBA) that was announced in May 2016 between Cathay Pacific Cargo and Lufthansa Cargo. The merging of freight handling for imports and exports was concluded on 17 January 2017 and customers of both airlines will benefit.
As part of the cooperation agreement, both airlines are closely working together on network planning and sales as well as IT and service expansion. Both partners plan to transport the first joint shipment on 1 February 2017 – initially from Hong Kong to Europe. The ability to also book eastbound shipments from Europe to Hong Kong will then follow in 2018.
Simon Large, Director Cargo at Cathay Pacific, comments: “Cathay Pacific Cargo’s move into the Lufthansa Cargo Center is another important step in furthering our collaboration. In addition to providing more direct connections and greater flexibility, we can now offer our customers in Frankfurt the same handling standards that will lead to more efficiency and time savings.”
“We are excited to have reached a further milestone within the partnership, sharing the freight handling station in Frankfurt. This means our customers at the Frankfurt site are now benefiting from the advantages of our cooperation,” explains Peter Gerber, CEO of Lufthansa Cargo.
The joint activities are carried out in full compliance with all applicable laws, including the competition rules of the European Union and Hong Kong.
Cathay Pacific Cargo
Cathay Pacific Cargo is one of the leading international air cargo carriers. Using a dedicated fleet of 21 Boeing 747 freighters, including 14 747-8 freighters, to over 45 freighter destinations worldwide, Cathay Pacific Cargo also utilises cargo space on Cathay Pacific’s 124 passenger aircraft and Cathay Dragon’s 43 passenger aircraft, serving a growing global route network from its Hong Kong home. Cathay Pacific’s cargo business currently accounts for around 24% of its annual revenues, and has helped to build Hong Kong into the world’s busiest air cargo hub. For more information, visit www.cathaypacificcargo.com.
Lufthansa Cargo AG
Lufthansa Cargo ranks among the world’s leading air freight carriers. In the 2015 business year, the airline transported around 1.6 million tonnes of freight and mail and sold 8.4 billion revenue tonne-kilometres. The company currently employs about 4,600 people worldwide. Lufthansa Cargo focuses on the airport-to-airport business. The cargo carrier serves around 300 destinations in over 100 countries with its own fleet of freighters, the belly capacities of passenger aircraft operated by Lufthansa, Austrian Airlines and Eurowings, as well as an extensive road feeder service network. The bulk of the cargo business is routed through Frankfurt Airport. Lufthansa Cargo is a wholly owned Lufthansa subsidiary of Deutsche Lufthansa AG.