Joint Venture Prospects For Lufthansa Cargo

Amid a turbulent air freight market, Lufthansa Cargo is expected to announce a partnership soon with a carrier outside the Lufthansa group. "We are in talks with more than one airline, a second partnership should follow in 2015," Karl Ulrich Garnadt, CEO of Lufthansa Cargo, told Reuters. While Lufthasna Cargo’s yields improved towards the end of last year, IATA has predicted that global cargo yields will fall this year. However, it also forecast that cargo demand will rise by four per cent.

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