Headline: Lufthansa Cargo, ANA get approval for freight joint venture

Status
Not open for further replies.

NewsBot

Administrator
[Reuters] - Lufthansa Cargo and All Nippon Airways will launch a freight services joint venture between Europe and Japan to reduce costs in a tough cargo market, after gaining antitrust approval in Japan. Cargo airlines have come under pressure as fast-growing passenger carriers such as Emirates and Turkish Airlines use larger planes on more routes, allowing them to transport more cargo in the holds. Lufthansa Cargo, the freight arm of the German airline, said earlier this year it was hoping to agree a first partnership deal in 2014, with a second to follow in 2015. Lufthansa Group Chief Executive Carsten Spohr said in July the carrier was in talks with United Continental Holdings about working more closely on cargo operations.

Continue reading...
 
Status
Not open for further replies.
Top