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Business 1 min read 24 views

Cathay Pacific and Lufthansa Cargo Enter joint Business Agreement

More direct connections, greater flexibility and time savings combined with service improvements - these are simply some of the benefits customers will enjoy in the future thanks to the cooperation in between the freight department of Cathay Pacific Airways, the leading air freight carrier in Asia, and Lufthansa Cargo, Europe's largest air freight carrier.

Simon Large, Director Cargo at Cathay Pacific, and Peter Gerber, CEO and Chairman of the Executive Board of Lufthansa Cargo, signed a contract for an extremely incorporated bilateral cooperation in Frankfurt. With respect to the cooperation paths in between Hong Kong and Europe, both airline companies will in the future work closely together on network planning, along with sales, IT and ground-handling. This will bring Hong Kong, the world's busiest air freight hub, closer to Europe, enhancing among the world's fantastic trade lanes.

" Our joint network will cover more than 140 direct air travels weekly in between Hong Kong and 13 European destinations", states Simon Large. "Cathay Pacific's a great deal of direct connections to multiple European locations matches Lufthansa's strength in Frankfurt, the most vital European air freight center, and in Europe through its dense feeder-network."

" As an outcome of our signing up with forces, customers will gain access to unique flexibility with more air travels to pick from and a mix of feeder and direct flights. In this way their cargo can reach its destination hours previously", discussed Peter Gerber. "We will likewise have more alternatives for deliveries which have to be carried by freighter due to their size or properties."

The cooperation will likewise focus on service improvements. For example, consumers will have the ability to access the entire joint network via the reservation systems of both partners. Joint handling, initially at the Hong Kong and Frankfurt centers, will likewise make things simpler for customers given that there will be simply one point for export drop off and import shipment.

Both partners prepare to carry the first deliveries under the structure of the cooperation from early next year-- at first from Hong Kong to Europe. The ability to likewise book eastbound deliveries from Europe to Hong Kong will then follow in the course of the year.

The joint activities will be performed in full compliance with all appropriate laws, consisting of the competitors rules of the European Union and Hong Kong.

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