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Lufthansa and AUA launch cargo subsidiary in Vienna

Published: May 27, 2010; 00:00 · (Vindobona)

The two subsidiaries, Lufthansa Cargo, Lufthansa and Austrian Airlines (AUA) have established a joint cargo subsidiary in Vienna.

Lufthansa and AUA launch cargo subsidiary in Vienna / Picture: © Austrian Wings Media Crew

In the future, the entire cargo clearance at the local airports and the expansion of the airport will be controlled by the new Austrian Lufthansa Cargo GmbH.

Lufthansa Cargo will hold 74 percent in the new company, while AUA will hold 26.

CEOs of the company are Franz Zöchbauer and Hasso Schmidt.

The new cargo subsidiary employs about 120 people.

This article includes a total of 66 words.

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