Lufthansa Cargo builds on intra-Europe same-day and e-commerce network

Inspite of the prevailing gloom encompassing the air cargo current market, Lufthansa Cargo carries on to extend its intra-European network with far more flights to and from its Frankfurt Airport hub.

CEO Ashwin Bhat has recurring the company’s goal –“to establish a European very same-day and e-commerce community, and therefore establish Lufthansa Cargo as the leading European cargo airline and service companion in the market.”

He extra: “Complementing our B777F and belly capacity, we can now present even shorter transport moments in European and to selected medium-haul places.”

Lufthansa Cargo put its third A321 freighter into assistance at the close of June and a fourth  will join the fleet future thirty day period. The provider presents additional than 50 weekly flights on a routine that consists of giving Istanbul, Birmingham, Dublin, Tel Aviv, Cairo, Malta, Milan, Larnaca, Athens, Copenhagen, Algiers, Madrid, Casablanca, Algiers, Tunis and Erevan (Armenia) with a direct link to its Frankfurt hub.

“Our destinations are regularly staying optimised,” spokesperson for Lufthansa Cargo instructed The Loadstar, and further adjustments and extensions to the quick- and medium-haul route community, involved with the A321 fleet growth, are prepared.

“While e-commerce and same-day are appropriate segments in this current market, they are complemented by standard airfreight items these types of as spare areas, prescription drugs and significant-tech equipment – partly feeder shipments for very long-haul and partly intra-European cargo,” the spokesperson explained.

An A321F flight carrying Scandinavia-origin fresh fish and connecting with a Lufthansa B777 freighter or passenger plane leaving Frankfurt for extended-haul locations is just one case in point of the carrier’s transit cargo principle.

It claimed expanding its intra-European route network went hand in hand with Lufthansa Cargo’s options to create Frankfurt Airport as a main e-commerce hub by means of two of its

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India to launch open e-commerce network to take on Amazon, Walmart

An employee of Amazon walks through a turnstile gate inside an Amazon Fulfillment Centre (BLR7) on the outskirts of Bengaluru, India, September 18, 2018. REUTERS/ Abhishek N. Chinnappa

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NEW DELHI, April 28 (Reuters) – India will on Friday launch an open network for digital commerce (ONDC) as the government tries to end the dominance of U.S. companies (AMZN.O) and Walmart (WMT.N) in the fast-growing e-commerce market, a government document showed.

The launch of the platform comes after India’s antitrust body on Thursday raided domestic sellers of Amazon and some of Walmart’s Flipkart following accusations of competition law violations. The companies did not respond to request for comment on the raids. read more

Indian retailers, key supporters of Prime Minister Narendra Modi, have long contended that Amazon and Flipkart’s platforms benefit a few big sellers, via predatory pricing, though the companies say they comply with all Indian laws.

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The government’s so-called ONDC platform will allow buyers and sellers to connect and transact with each other online, no matter what other application they use. It will be soft-launched on Friday before being expanded, the trade ministry told Reuters.

The government document said that two large multinational players controlled more than half of the country’s e-commerce trade, limiting access to the market, giving preferential treatment to some sellers and squeezing supplier margins. It did not name the companies.

Amazon and Flipkart did not immediately respond to requests for comment on ONDC.

The document said India’s ONDC plan aimed to onboard 30 million sellers and 10 million merchants online. The plan is to cover at least 100 cities and towns by August.

It would focus on apps in local languages for both buyers and sellers,

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AT&T eyes nearly $48 bln network expense in post-media enterprise

Signage for an AT&T retail store is seen in New York October 29, 2014. REUTERS/Shannon Stapleton

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March 11 (Reuters) – AT&T Inc (T.N) expects to commit about $48 billion by means of the finish of 2023 to develop its fiber world wide web and 5G wireless products and services, the U.S. wireless provider reported on Friday, as it specific the vision for the small business just after unwinding its media property.

Just after going through skepticism from shareholders above its costly quest to become a media and amusement business, AT&T is functioning to merge its WarnerMedia unit with Discovery Inc (DISCA.O) in a deal that is envisioned to near in the second quarter. The organization ideas to refocus on its main small business of featuring world wide web and mobile phone providers. study much more

“Now that the shut of the WarnerMedia deal is approaching, we are around the commencing line of a new period for AT&T,” claimed AT&T Main Govt John Stankey, in a push launch in advance of a presentation to analysts on Friday.

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Shares of AT&T rose above 3% to $24.09 in pre-market investing.

AT&T reported it expects yearly money expense to be in the $24 billion vary both of those this year and in 2023. It will then taper to the $20 billion vary starting in 2024.

The business is operating to double its fiber net availability to 30 million properties in the United States and develop its 5G network to protect over 200 million people today.

AT&T on Friday also supplied total-calendar year financial steering that excludes the WarnerMedia enterprise and promotion device Xandr, which AT&T agreed to sell to Microsoft in December.

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