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Lufthansa Cargo Will Be First Choice In India: Peter Gerber, Chairman & CEO

Lufthansa Cargo derives long standing connections with Indian airfreight market. Peter Gerber, Chairman and CEO, Lufthansa Cargo explains the increase in demand for air freight and the aspirations of the company in India

Photo Credit : Subhabrata Das


Frankfurt-based air carrier Lufthansa Cargo has increased its freighter services to Mumbai. Four freighter flights have been operating in India since July 2017. The flight cargo services would be continued by Boeing 777F, MD 11F and Airbus A350.

Peter Gerber, Chairman and CEO of Lufthansa Group, has described the freight market demand by saying, "We have had a strong revenue market share in India since 2016 with a total of 10 per cent. We have gained a revenue of 1,158 million Euros in the first half of 2017 and we believe that with this growth Lufthansa Cargo would be the first choice in India when it comes to air freight."

Gerber was speaking at a press conference held at ITC Grand Maratha in Mumbai.

He further explained that Mumbai along with New Delhi, Hyderabad, Bengaluru, Chennai and Kolkata will be providing cargo facilities.

The company has witnessed 9 per cent growth in India and claims that they are gaining high revenues because the value for the freight is growing within the country.

Digitisation has also added to the company’s advantage as 60 per cent billing for the air carrier has been carried out through paperless billing in Mumbai.

While discussing the services and areas in which Lufthansa Cargo has been catering to India, Frank Naeve, Lufthansa Cargo Vice President, Asia Pacific said, "We have always reacted positively to short notice demands and transportation of goods and services. Our cargos can carry substantial amount of industry spare parts and heavy machinery which has always been a challenge for the air cargo industry. We have even contributed to the automobile industry of India which is the fastest growing and we have and will provide flexible services in freight and cargo."

Gerber concluded by stating in the field of traffic flows, different ground processes, quantity optimization, B2B business, cargo transactions and subsequent billing conditions Lufthansa Cargo is working very effectively in understanding and catering to the demand in the freight and air cargo business.

Tags assigned to this article:
Lufthansa Cargo Peter Gerber Frank Naeve growth forecast

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