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Lufthansa Cargo parks 20% of the fleet, 4 MD11s

General Lee

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Lufthansa Cargo to reduce 20% of fleet capacity

Monday March 9, 2009

Lufthansa Cargo said Friday that it will ground two MD-11 freighters based at Leipzig/Halle and park two more aircraft at Frankfurt.

The FRA pair will not fly but will be maintained so that they may resume operations immediately if demand dictates. "This reduction equals about 20% of the total capacity of our 19 MD-11F strong fleet. We transferred the [two] aircraft to Leipzig because we got a good offer from the airport [for long-term parking]," an LH spokesperson confirmed to ATWOnline.

LH Cargo would not rule out grounding additional aircraft if business continues to decline. However, no layoffs are planned and the company has offered its pilots part-time work solutions. In December it suspended its wet-lease of two MD-11Fs and one 747-400F from World Airways. It is scheduled to announce its 2008 financial results on March 19.

Meanwhile, it is expected that Lufthansa Group will ground more passenger aircraft. It already has parked four A300-600s at LEJ. Additional A300s and A340-300s would be considered for parking if it moves ahead with the reduction.

by Kurt Hofmann



Bye Bye--General Lee
 

Palmtree Pilot

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Delta Responding to Worsening Global Economy
Tuesday March 10, 9:10 am ET
ATLANTA, March 10/PRNewswire-FirstCall/ -- Delta Air Lines (NYSE: DAL - News) today issued the following memo to its more than 70,000 employees worldwide from CEO Richard Anderson and President Edward H. Bastian.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090202/DELTALOGO )
To: Delta Colleagues Worldwide From: Richard Anderson and Ed Bastian Subject: Responding To A Worsening Global Economy The worsening global economy continues to place additional pressure on the airline industry. In just the few months since we last announced capacity reductions, revenues have weakened, particularly in international markets. Once again, we must move quickly to adjust our capacity and stay in front of demand changes. This morning at an investor conference in New York, we will announce plans to reduce international capacity an additional 10% beginning in September. These reductions will be targeted to areas where we've seen the most revenue weakness - the Atlantic and Pacific networks. Trans-Atlantic capacity this winter will be down 11 - 13% and trans-Pacific down 12 - 14% compared to winter 2008. To achieve these capacity changes, we will exit low performing markets, down-gauge certain routes, adjust frequencies, and move some markets to seasonal service. We remain focused on our goal to build a diversified, profitable worldwide network. To this end, even as we reduce our Atlantic and Pacific capacity, our Latin America capacity will be up slightly in the fourth quarter, as we take advantage of targeted growth opportunities through new routes and increased frequencies. These reductions are in addition to the December announcement to reduce systemwide 2009 capacity by 6 - 8% year over year. As a result of the voluntary programs just concluded, nearly 2,100 of our colleagues will be voluntarily leaving over the next several months. While these voluntary reductions met our overall target, there are certain positions and geographic locations where we fell short of achieving the goals of the voluntary programs. With the additional capacity reductions noted above, we again must reassess our staffing needs. As in the past, voluntary programs are always our first consideration to adjust staffing needs. Our merger provides the silver lining to these turbulent economic times as we begin to see tangible evidence of the benefits of our integration and understand how the merger positions Delta ahead of our competitors. Above all, your focus on executing the Flight Plan and providing superior customer service is our most prized attribute. We will continue to make decisions that are in the long-term interest of employees, customers, shareholders and the communities we serve. Remaining focused on our 2009 Flight Plan will be key to our success. This will require teamwork from all divisions and departments working toward this common goal. Thank you for the incredible work you do for our customers every day. Together, we are building a stronger Delta.
 

PFTEXPJET

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Lufthansa Cargo to reduce 20% of fleet capacity

Monday March 9, 2009

Lufthansa Cargo said Friday that it will ground two MD-11 freighters based at Leipzig/Halle and park two more aircraft at Frankfurt.

The FRA pair will not fly but will be maintained so that they may resume operations immediately if demand dictates. "This reduction equals about 20% of the total capacity of our 19 MD-11F strong fleet. We transferred the [two] aircraft to Leipzig because we got a good offer from the airport [for long-term parking]," an LH spokesperson confirmed to ATWOnline.

LH Cargo would not rule out grounding additional aircraft if business continues to decline. However, no layoffs are planned and the company has offered its pilots part-time work solutions. In December it suspended its wet-lease of two MD-11Fs and one 747-400F from World Airways. It is scheduled to announce its 2008 financial results on March 19.

Meanwhile, it is expected that Lufthansa Group will ground more passenger aircraft. It already has parked four A300-600s at LEJ. Additional A300s and A340-300s would be considered for parking if it moves ahead with the reduction.
--------------------------------------------------
I'm here and I have not seen any of them. BA has 16 767-300 parked in LHR. They are all lined up in a pretty row.
 

PFTEXPJET

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BTW, that's was my one post for 2008 and this is my one post for 2009. Have a great year everyone
 

sat74

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Dec 20, 2001
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enough
Lufthansa Cargo to reduce 20% of fleet capacity

Monday March 9, 2009

Lufthansa Cargo said Friday that it will ground two MD-11 freighters based at Leipzig/Halle and park two more aircraft at Frankfurt.

The FRA pair will not fly but will be maintained so that they may resume operations immediately if demand dictates. "This reduction equals about 20% of the total capacity of our 19 MD-11F strong fleet. We transferred the [two] aircraft to Leipzig because we got a good offer from the airport [for long-term parking]," an LH spokesperson confirmed to ATWOnline.

LH Cargo would not rule out grounding additional aircraft if business continues to decline. However, no layoffs are planned and the company has offered its pilots part-time work solutions. In December it suspended its wet-lease of two MD-11Fs and one 747-400F from World Airways. It is scheduled to announce its 2008 financial results on March 19.

Meanwhile, it is expected that Lufthansa Group will ground more passenger aircraft. It already has parked four A300-600s at LEJ. Additional A300s and A340-300s would be considered for parking if it moves ahead with the reduction.

by Kurt Hofmann



Bye Bye--General Lee
Several friends at World told me that they announced 23 furloughs today and the early termination of their LH Cargo flying - 1 in April and 1 in the Fall.

Hope all goes well for them!
 

johnsonrod

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Several friends at World told me that they announced 23 furloughs today and the early termination of their LH Cargo flying - 1 in April and 1 in the Fall.

Hope all goes well for them!

Those Gemini pilots who joined World recently just can't catch a break...
 

flypixs

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Those Gemini pilots who joined World recently just can't catch a break...

I don't think that we are going to catch a break. They did announce the furloughs and at the same time handed over the notices.

Cheers
 

sat74

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enough
That sucks guys! Knowing World it won't last too long! World is a class act imo!
 
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