Tag: Frank Bauer

aluco wins the Lufthansa Cargo Innovation Award 2025

The Königsbrunn-based technology company aluco GmbH has been awarded the Lufthansa Cargo Innovation Award 2025. The jury was convinced by aluco’s modular software solution aluco STRIX, which revolutionizes logistics processes through precise freight measurement, automated dispatching, and inte...

Frank Bauer appointed as new board member of Air Cargo Community Frankfurt

Air Cargo Community Frankfurt e.V. welcomes Frank Bauer as its newest board member.  In his new role as Chief Operating Officer (COO) of Lufthansa Cargo AG, Bauer will represent the company on the board of our association.  With his extensive experience in the air freight industry, Frank Bau...

Changes in the executive board at Lufthansa Cargo

Frank Bauer, currently Chief Financial Officer and Labor Director of Lufthansa Cargo AG, will take over the position of Chief Operating Officer (COO) at Lufthansa Cargo on July 1, 2025. Gregor Schleussner, currently Head of Finance, Controlling & Accounting at Eurowings, will join the Executi...

Lufthansa Cargo improved its business results in 2024

Lufthansa Cargo significantly improved its business results in 2024 compared to the previous year: Revenue increased by 10 percent to 3.26 billion euros (previous year: 2.98 billion euros), and adjusted EBIT rose by 15 percent to 251 million euros (previous year: 219 million euros). The adjusted ...

Marcus Niedermeyer appointed managing director and chief financial officer of AeroLogic

AeroLogic, the joint venture between DHL Express and Lufthansa Cargo, officially has a new second Managing Director and Chief Financial Officer as of January 1, 2025. Marcus Niedermeyer will be responsible for Finance, Human Resources, IT and Administration, a position he has held on an interim b...

Lufthansa Cargo and WorldACD Market Data celebrate partnership of 20 years with renewal of their agreement

Exactly this week 20 years ago marks the moment that Lufthansa Cargo and WorldACD started their air cargo market data journey. Lufthansa Cargo was one of the early movers and among the first airlines to join WorldACD. Frank Bauer, CFO and labor director of Lufthansa Cargo during the contract s...

Lufthansa Cargo holds its own in a volatile environment

Lufthansa Cargo was able to achieve significantly higher average yields than before the start of the corona pandemic despite increased capacities in the market. Lufthansa Cargo generated an adjusted EBIT of 219 million euros (previous year: 1.6 billion euros). After freight rates normalized follo...

Bernhard zur Strassen to be new Managing Director of time:matters

Bernhard zur Strassen is set to be appointed as new Managing Director and CEO of time:matters GmbH. He will take over his new position as of 1 November 2023 and will succeed Alexander Kohnen, who left the company at his own accord in April 2023. Zur Strassen has extensive experience in interna...

Frank Bauer appointed Chief Financial Officer and Chief Human Resources Officer of Lufthansa Cargo AG

Frank Bauer will be the new Chief Financial Officer and Chief Human Resources Officer of Lufthansa Cargo AG. This was decided by the company's Supervisory Board on Wednesday evening. He will take up his new position on August 1, 2023. Dr. Michael Niggemann, Chairman of the Supervisory Board of Lu...

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