NewCo Is Lufthansa DHL Joint Venture

DHL and LH Cargo will be parent companies of a new cargo carrier code-named "NewCo", that stands for New Company.
The highly secret deal up to now with Deutsche Post's express pillar DHL and Lufthansa Cargo under discussion for quite a while will result in the forming of a new cargo carrier on equal terms (50/50).
Although a number of details still have to be ironed out, what is clear at this point is that from 2009 on "NewCo" shall be operational to deploy a freighter fleet on intercontinental routes on behalf of both parent companies to destinations in the USA, Middle East, the Indian Subcontinent and Fareast.
According to informal sources up to ten freighters will be either purchased or leased.
Top on the agenda stands the B777F, followed by the B747-400ERF.
A third likely option might be the B747-400F.
26/06/07 Luchtzak Aviation, Belgium

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Categories: Cargo Jun 2007, Foreign Jun 2007