Lufthansa Cargo AG - Company Profile
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Lufthansa Cargo AG (Lufthansa Cargo), a subsidiary of Deutsche Lufthansa AG, is a transportation and logistics company. Lufthansa Cargo offers various air cargo services based on time such as td. Basic, td.Pro, td.Flash, courier solutions and emergency solutions. It offers customized logistics solutions for specialty products includes perishable goods, valuable goods, hazardous goods, sensitive goods, live cargo, and airmail. Lufthansa Cargo also offers toDoor, a direct delivery service Europe and the US. It offers these services through its fleet of A321F air bus and Boeing 777F. The company also offers add on services such as advanced tracking, to door and insurance services. It operates from Frankfurt airport, besides other important hubs in Munich and Vienna. Lufthansa Cargo is headquartered in Frankfurt, Hessen, Germany.
Headquarters
Germany
Address
Frankfurt Airport, Gate 21, Building 322, Hessen, 60546
Website
lufthansa-cargo.com
Telephone
49 69 6960
No of Employees
4,085
Industry
Transport and Logistics
Revenue (2022)
$4.9B
Lufthansa Cargo AG premium industry data and analytics
Products and Services
| Services |
|---|
| Freight Transportation Services |
| Mail Services |
| Freight Handling Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Financing Agreements | In November, the company started the construction of a New Frankfurt Hub and invested in a State-Of-The-Art Warehouse System at Frankfurt Airport, Germany. |
| 2023 | Others | In October, the company and All Nippon Airways terminated their joint venture agreement. |
| 2023 | Plans/Strategy | In June, the company and Nippon Express agreed to use of Sustainable Aviation Fuel for airfreight shipments. |
Competitor Comparison
| Key Parameters | Lufthansa Cargo AG | Air France-KLM SA | British Airways Plc | Korean Air Lines Co Ltd | Cathay Pacific Airways Ltd |
|---|---|---|---|---|---|
| Headquarters | Germany | France | United Kingdom | South Korea | Hong Kong |
| City | Frankfurt | Paris | Harmondsworth | Seoul | Hong Kong |
| State/Province | Hessen | Ile-de-France | England | - | - |
| No. of Employees | 4,085 | 77,806 | 33,644 | 19,063 | 23,800 |
| Entity Type | Private | Public | Private | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Frank Bauer | Chief Human Resources Officer; Director; Chief Financial Officer | Executive Board | 2023 | 42 |
| Ashwin Bhat | Chief Executive Officer; Chief Executive and Commercial Officer | Senior Management | 2023 | 54 |
| Michael Niggemann | Chairman | Executive Board | - | - |
| Jurgen Jennerke | Vice Chairman | Executive Board | - | - |
| Dietmar Focke | Chief Operations Officer | Senior Management | - | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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