Lufthansa Cargo signs strategic deal with China Post

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Lufthansa Cargo and China Post have signed a strategic cooperation, with the scope for cargo capacity of one Boeing 777 Freighter a week between Shanghai and Frankfurt.

The two companies aim for further agreements and have been working together at other major Chinese stations, with a focus on Beijing and Guangzhou.

In addition to capacity, both companies are jointly working on shortening transportation times, improving quality and developing digitalisation.

China Post Group Corporation vice president, Li Xiong met with Lufthansa Cargo chief executive officer and chairman of the executive board, Peter Gerber in Beijing to sign the deal.

Li says: “In recent years, the cooperation between China Post and Lufthansa Cargo has enjoyed a constant growth. The e-commerce business is in a vigorous development. Both China Post and Lufthansa Cargo are now upgrading and innovating the business model.

“Under the concept of the “Joint Freight Operation”, the two sides have reached a further consensus on capacity agreement this time. We will jointly build a more stabilised and comprehensive channel of airmail transportation connecting China and Europe.”

Gerber says: “We are very pleased that the excellent collaboration with China Post, which has been going on for many years, is now even gaining new quality within the framework of a strategic cooperation. It also reflects the growing importance of the cross border e-commerce market. Together, we will be able to achieve even more for our joint customers on one of the world’s most important trade lanes.”