History
Lufthansa had already operated a cargo subsidiary, called German Cargo, between 1977 and 1993 (earlier still, cargo operations were executed in-house, already under the Lufthansa Cargo name), when in an effort to restructure the company the cargo division was re-integrated into the mother concern, and split up into two parts (one for scheduled operations using Lufthansa-owned aircraft, and one for freight and logistics services using chartered or leased aircraft).
Thus, Lufthansa Cargo was created as a limited stock company on 30 November 2004, along with Lufthansa Cargo Charter. Concerning its airline codes, Lufthansa Cargo uses LH (the same IATA code as Lufthansa), as well as GEC (the former ICAO code of German Cargo). Lufthansa is unique compared to its major European competitors like British Airways and Air France in that the cargo business is organized in an entirely different airline entity. For some years, Lufthansa Cargo (including the freight transported in the cargo holds of mainline Lufthansa passenger aircraft) was the leading cargo airline in terms of international freight tonne-kilometres carried, but has meanwhile been surpassed by Cathay Pacific and Korean Air Cargo.
Read more about this topic: Lufthansa Cargo
Famous quotes containing the word history:
“Let us not underrate the value of a fact; it will one day flower in a truth. It is astonishing how few facts of importance are added in a century to the natural history of any animal. The natural history of man himself is still being gradually written.”
—Henry David Thoreau (18171862)
“In history an additional result is commonly produced by human actions beyond that which they aim at and obtainthat which they immediately recognize and desire. They gratify their own interest; but something further is thereby accomplished, latent in the actions in question, though not present to their consciousness, and not included in their design.”
—Georg Wilhelm Friedrich Hegel (17701831)
“You that would judge me do not judge alone
This book or that, come to this hallowed place
Where my friends portraits hang and look thereon;
Irelands history in their lineaments trace;
Think where mans glory most begins and ends
And say my glory was I had such friends.”
—William Butler Yeats (18651939)