ATW Daily News

LH Cargo to cut capacity 10%, end World Airways partnership

Tuesday December 23, 2008

Lufthansa Cargo announced a 10% capacity reduction from Jan. 1 in response to the decline in the global cargo business and a "distinct falloff in demand." It will suspend the wet-lease of two MD-11Fs and one 747-400F from World Airways and transfer those routes to 747-400ERFs operated by Jade Cargo International, in which LH holds a minority stake. LHC will continue operating its 19 MD-11Fs and, from the middle of next year, also will have access to capacity onboard newly delivered 777-200LRFs operated by AeroLogic, its joint venture with DHL Express. AeroLogic's launch has been delayed "several months" by the recent Boeing machinists strike, LHC said (ATWOnline, Jan. 29).

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