Executive Briefings

Lufthansa Cargo Takes Over Time:Matters; Debuts MyAirCargo Service

Lufthansa Cargo has assumed complete ownership of the time:matters Group, a specialist in global same-day delivery and time-critical international spare-parts logistics.

Lufthansa Cargo Takes Over Time:Matters; Debuts MyAirCargo Service

The airline, which spun off time:matters as a subsidiary in 2002, had previously held a 49 percent share in the venture, with the majority share held by financial investor Aheim Capital and time:matters management. Lufthansa Cargo said it had already been cooperating with time:matters on express products. In another company announcement, the airline has introduced an air cargo service for private clients. Dubbed myAirCargo, the service allows for online booking in five steps. The price for shipment, along with expected customs fees, are displayed directly and can be settled by credit card. The new myAirCargo service is available immediately, between nearly all European countries and the U.S., Lufthansa Cargo said. In the coming months, it plans to extend the offer to additional countries.

Time:matters

myAirCargo

The airline, which spun off time:matters as a subsidiary in 2002, had previously held a 49 percent share in the venture, with the majority share held by financial investor Aheim Capital and time:matters management. Lufthansa Cargo said it had already been cooperating with time:matters on express products. In another company announcement, the airline has introduced an air cargo service for private clients. Dubbed myAirCargo, the service allows for online booking in five steps. The price for shipment, along with expected customs fees, are displayed directly and can be settled by credit card. The new myAirCargo service is available immediately, between nearly all European countries and the U.S., Lufthansa Cargo said. In the coming months, it plans to extend the offer to additional countries.

Time:matters

myAirCargo

Lufthansa Cargo Takes Over Time:Matters; Debuts MyAirCargo Service