EUROPE: Leisure cargo spreads network

Leisure cargo has changed ownership recently as its parent company LTU was taken over by Air-Berlin. This forms quite a strong group of long, medium and short haul airlines i.e. Air-Berlin, LTU, Niki, Belair and former dba with a widely spread network. The carrier without a fleet has performed successfully again in 2006, its seventh […]


Leisure cargo has changed ownership recently as its parent company LTU was taken over by Air-Berlin. This forms quite a strong group of long, medium and short haul airlines i.e. Air-Berlin, LTU, Niki, Belair and former dba with a widely spread network.

The carrier without a fleet has performed successfully again in 2006, its seventh year in operation. Tonnes handled were up over 2005 17.3 percent to 47.129 t and revenues generated for the 18 mandate carriers were 58.2 million euros, an increase of 19.6 percent compared with the previous year. The margin is described as good, even better than the industry average. However, at the same time it became more difficult lately to score top results in this costly and competitive environment.

Zainal Abidin Bin Abdul Kapur, managing director of the Asian organisation based in Kuala Lumpur was successful in offering total cargo management to Air Asia. Both carriers were formerly handled by Lufthansa Cargo subsidiary cargo counts. Nine weekly frequencies to Bangkok and Phuket offer ideal connections with the entire Air Asia network. The number of Europe flights is going to be increased to double daily and new aircraft with more cargo capacity should be coming soon.