Air, Business, Freight News

Cathay Pacific, Lufthansa Cargo joint venture adds Swiss WorldCargo

[ June 13, 2022   //   ]

Cathay Pacific and Lufthansa Cargo announced the addition of Swiss WorldCargo to their joint venture, which offers customers more direct connections, more flexibility and more time savings.
“The addition of Swiss WorldCargo’s flights to the already large, combined network of Cathay Pacific and Lufthansa will bring Hong Kong, the world’s busiest air cargo hub, even closer to Europe and strengthen one of the world’s great trade routes,” said Tom Owen, Director Cargo at Cathay Pacific.
Swiss WorldCargo’s entry builds on the Joint Business Agreement signed in 2016 between Cathay Pacific and Lufthansa Cargo, which allows it to collaborate on distribution, pricing, contracts and the handling of shipments between Hong Kong and Europe.
“We are very pleased with this joint business agreement between Lufthansa Cargo and Cathay Pacific, thanks to which we can not only strengthen our already close cooperation, but also expand our network offering for our customers while remaining true to our high quality and flexibility,” said Lorenzo Stoll, Head of Cargo at Swiss International Air Lines.
Cathay Pacific and Lufthansa Cargo already work closely together on international routes through their hubs in Hong Kong and Germany, while cargo handling in Hong Kong is coordinated under one roof at the Cathay Pacific Cargo Terminal at Hong Kong International Airport.
Under the expanded joint business agreement, Cathay Pacific, Lufthansa Cargo and Swiss WorldCargo will work closely together on network planning and in the areas of sales, IT and ground handling. Initially, the airlines will cooperate on routes from Hong Kong to Zurich and Frankfurt. Traffic to and from Hong Kong and the rest of Europe will be added later this year.
Cargo customers will have access to the entire shared network via the booking systems of all three partners.
“We are very pleased about the trilateral cooperation that has now begun, which brings three well-known cargo companies to the same table and makes an even more attractive offer to our customers,” said Dorothea von Boxberg, CEO of Lufthansa Cargo. “Cargo customers will appreciate the opportunities for faster and easier transportation. The expanded joint venture will bring numerous benefits to our customers, as our networks, our hubs and our fleet complement each other perfectly.”
The joint activities will be conducted in full compliance with all applicable laws, including the competition rules of the European Union and Hong Kong.

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