May 21, 2013 5:10 PM ET

Air Freight and Logistics

Company Overview of Lufthansa Cargo AG

Company Overview

Lufthansa Cargo AG provides logistics and cargo services worldwide. It offers air freight services for airport-to-airport shipments; and general cargo services. The company transports dangerous goods, including explosive materials, gases, flammable liquids and solids, corrosive substances, toxic, infectious and radioactive substances, and automobiles and magnetized materials, as well as provides airport-to-airport shipping for the bioscience and health industries, keeping cargo within specified temperature ranges to ensure the integrity of temperature sensitive substances. It also transports perishable goods, live animals, valuable items, and theft-endangered goods, as well as provides direc...

Detailed Description

Lufthansa Cargo Center

Frankfurt,  60546

Germany

Founded in 1994

Phone:

01805 747 100

Fax:

01803 747 111

lufthansa-cargo.com

Key Executives for Lufthansa Cargo AG

Chairman of Management Board and Chief Executive Officer
Age: 55
Head of Security & Environmental Management
Chief Information Officer
Board Member of Operations and Member of the Management Board
Age: 62
Labour Director and Member of Executive Board
Age: 52
Compensation as of Fiscal Year 2012.

Lufthansa Cargo AG Key Developments

Lufthansa Cargo AG Reports Traffic Results for the Year Ended December 31, 2012
Jan 10 13

Lufthansa Cargo AG reported traffic results for the year ended December 31, 2012. For the period, volumes at the company fell on weaker demand in 2012 to 1.724 million tones of transported cargo and mail compared to 1.885 million tones for the same period a year ago. Tonnage year-on-year was down by 8.5%. Cargo load factor was 69.6% compared to 69.5% for the same period a year ago.

Lufthansa Cargo AG Announces Executive Changes
Oct 24 12

Dr. Martin Schmitt has been appointed to the Executive Board and as Labour Director at Lufthansa Cargo AG, effective from January 1, 2013. The 52 year-old manager and head of the Lufthansa Corporate Personal Policy Division is to take over responsibility for Finance and Human Resources on the Executive Board of the Lufthansa Cargo airfreight subsidiary. He succeeds Peter Gerber, who moved to the Lufthansa German Airlines Board in June 2012. Dr. Schmitt, was previously in charge of human resources for flight crewsat Lufthansa and, subsequently, Station Manager and Board Representative at the Munich hub. He took over as head of the Corporate Personal Policy at Lufthansa AG in 2001.

Lufthansa Cargo AG Reports Traffic Results for the Nine Months Ended September 30, 2012
Oct 10 12

Lufthansa Cargo AG reported traffic results for the nine months ended September 30, 2012. For the period, the company reported Cargo/Mail of 1,288,000 compared to 1,413,000 for the same period a year ago. Cargo load factor was 69.0% compared with 69.3% a year ago.

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