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		<title>Lufthansa Cargo: Ukraine crisis will cause 10% global capacity drop</title>
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					<description><![CDATA[<p>Lufthansa Cargo expects global market capacity will be approximately 10% down as a result of the Ukraine invasion. Speaking at a press conference, Lufthansa Cargo chief executive Dorothea von Boxberg&#8230;</p>
<p>The post <a rel="nofollow" href="https://cargonewstoday.com/lufthansa-cargo-ukraine-crisis-will-cause-10-global-capacity-drop/">Lufthansa Cargo: Ukraine crisis will cause 10% global capacity drop</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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										<content:encoded><![CDATA[<p>Lufthansa Cargo expects global market capacity will be approximately 10% down as a result of the Ukraine invasion.</p>
<p>Speaking at a press conference, Lufthansa Cargo chief executive Dorothea von Boxberg said this is because of restrictions for global fleets. Russian carriers are restricted by airspace sanctions by the <strong><a href="https://www.aircargonews.net/airlines/supply-chains-face-extension-of-airspace-closures/" target="_blank" rel="noopener">European Union</a></strong>, UK and <strong><a href="https://www.aircargonews.net/airlines/russia-blocked-from-us-airspace/" target="_blank" rel="noopener">US</a></strong>, European carriers are not able to fly over Russia and <strong><a href="https://www.aircargonews.net/airlines/ukrainian-airspace-closes-while-impact-on-trade-expected/" target="_blank" rel="noopener">Ukraine</a></strong>, while, Japanese carriers are flying around the Russian airspace and Middle Eastern airlines have seen no changes.</p>
<p>Two high profile airlines to be affected are Volga-Dnepr Group airlines, which are not able to operate flights to Europe and North America, and Narita-hubbed Nippon Cargo Airlines <strong><a href="https://www.aircargonews.net/airlines/freighter-operator/nippon-cargo-airlines-extends-suspension-of-european-flights/" target="_blank" rel="noopener">that has temporarily suspended flights to Europe.</a></strong></p>
<p>Lufthansa Cargo also calculated a 10% capacity reduction for its freighter operations from Asia Pacific to the European Union.</p>
<p>She confirmed that the closure of Ukraine airspace and Russia’s decision to close airspace to airlines from 36 countries has impacted operations.</p>
<p>“That affects some of our most important routes into China, Japan and South Korea.”</p>
<p>These routes would usually cross Russian space, but now a route south of Russia and Ukraine is being taken that means flights take 1.5 to 2.5 hours longer than normal. However, as the average door-to-door time of a shipment is five to six days, this extra time won’t make much difference to shippers.</p>
<p>“It is more a question of the capacity that is missing than the time of getting it transported.”</p>
<p>Payload restrictions are also an issue.</p>
<p>“We’ve got the 777 which is a great aircraft, I think the only one that would do these distances and payloads without intermediate stops. But then it cannot carry the 100 tons anymore. That’s why altogether it means something like a 10% reduction in our available freight capacity.</p>
<p>“The capacity of course is still there but in terms of tonnage we can transport, it will about that less (-10%).</p>
<p>Source: www.aircargonews.net</p>
<p>Image:</p>
<p>The post <a rel="nofollow" href="https://cargonewstoday.com/lufthansa-cargo-ukraine-crisis-will-cause-10-global-capacity-drop/">Lufthansa Cargo: Ukraine crisis will cause 10% global capacity drop</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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