Lufthansa Cargo Numbers Up

     Carsten Spohr, new Chairman Lufthansa Cargo who took the driver’s seat on Monday 15th of January delivers good news right away.
     During calendar 2006 airfreight and mail volume was increased by 1.3 % to 1.76 million tons while the load factor grew by 2.7 % to 67.7%.
     The carrier has allocated a cargo capacity of 11.97 billion ton-kilometers in 2006 – this was 0.6 % less than in 2005.
     Market accepted an increase of 3.5 % - 8.10 billion ton-kilometers sold (TKM).
     Carsten Spohr said:
     “It is good to see that the volume and capacity utilization of Lufthansa Cargo was growing again throughout 2006 – beyond market average during the third and fourth quarter.”
     The chairman expects a continuation of the upward trend during 2007, especially in Asia where Lufthansa Cargo with a share in Jade Cargo International sees big things ahead.
     Lufthansa Cargo performance figures as well as the financial statements and results for 2006 are going to be published at the general annual meeting scheduled March 20 in Frankfurt.
GFM

First A330F of Flyington Freighters

Venkattram Reddy, managing director of Deccan Chronicle.
          
     Hyderabad, India-based Flyington Freighters Ltd. purchased six A330-200F aircraft.
     The midsize all-cargo freighter from Airbus is direct competition for both the Boeing B767 freighter and even the B777F.
     Launched last December, A330F is off to a fast start with U.S.-based Intrepid Leasing Company with non-binding commitments to purchase 20 of the variant for delivery in 2010, Airbus said.
     A330F probably shuts down B767 head to head while B777 that is marginally more capable, costs much more to operate.
     Flyington is the first cargo airline in India to order the A330-200F, and the first aircraft to join the fleet during the second half of 2009.
     Media tycoon Mr. T Venkattram Reddy (owner of the Deccan Chronicle, a highly successful English daily newspaper from Hyderabad), is Chairman of Flyington Freighters.
     Commenting on the recent order, he exulted:
     "We are happy to be the first cargo airline to order the A330-200 Freighter.
     “We ordered it because it offers us significant operational benefits and suits our business model.
     “The aircraft offers economic advantages which make the A330-200F the best choice for us."
     In response, Mr. John Leahy, Airbus Chief Operating Officer, pointed out that the A330-200F was the only midsize, long haul all-cargo aircraft capable of carrying 64 metric tons over 4,000 nautical miles/7,400 kilometers in "range mode" configuration, or 69 metric tons up to 3,200nm/5,930 km in "payload mode."          
     “The A330-200F offers 30 percent more volume than any freighter in its class.
     “One of the advantages of the A330-200F is that it is the first freighter to introduce a versatile main-deck cargo loading system, which can accommodate both pallets and containers, enabling operators to service each of these very different markets.”

Tirthankar Ghosh

What Matters?

     Buchanan Capital Partners GmbH, Starnberg having acquired 51 percent in “time:matters” GmbH, Neu Isenburg for an undisclosed price from Lufthansa Cargo AG, gets a success story with managing director Franz-Joseph Miller.
     Giants like DHL pay the t:m-add-on cost rather than trusting their own system when it comes to absolutely positively on time.
     Consequently time: matters has gradually reached the pole position in efficient prime product courier services for critical shipments like aircraft AOG parts, medical emergencies and other jobs in this top revenue category.
     Time:matters started with a turnover of EUR 10 million in 2001 and gained 30 % growth each year since delivering revenues in 2006 of well over EUR 37 million.
     The wonder in conversation around FRA and elsewhere is why did Lufthansa sell controlling interest, especially to a completely unrelated investor?
     “A pure service company does not need much capital to expand,” was one comment heard.
     “Is Lufthansa cargo fed up with the many different product lines it got involved in,” someone else wondered?
     Is time:matters the beginning of Lufthansa Cargo selling its “table silver” or crown jewels?
     Stay tuned.
Guenter Mosler

How About Them Beans?

    Green beans this gorgeous, from Burkina Faso, a landlocked nation in West Africa, are considered of higher quality than that from Egypt, Senegal or Ethiopia.
     However getting a good thing to market is a horse of a different color, Dorothy.
     But www.freshplaza.com reports that air cargo lifting green beans from Burkina Faso to Pisa, Italy keeps alive the Tuscany region reputation for food that always looks good enough to eat.
     Thanks to collaboration between local and international authorities, 13 deliveries are scheduled twice a week until April, up to a total volume of 500 metric tons of green beans with a value of 900.000 euro.
     So while gourmands search for the perfect organic goat cheese to top these beauties, Burkina Faso’s agricultural sector, gets big lift from air cargo with 6,000 growers like these guys, now players in the global fresh produce industry.
     Nice.