Lufthansa Cargo is cutting capacity 10% in January to reflect a slowdown in demand. The company will terminate a wet-lease agreement with World Airways for two MD-11Fs and one Boeing 747-400F, and says the flying will be taken over by 747-400ERFs operated by Jade Cargo International. The airline will continue to operate all of its own 19 MD-11Fs, but those aircraft will fly fewer hours than previously planned. Half of Lufthansa Cargo’s freight is carried in Lufthansa passenger ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Lufthansa Cargo To Cut Capacity In January".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.