Lufthansa Cargo has invested nearly €600 million into its central cargo hub at Frankfurt Airport. The company said the investment will facilitate its goal to modernise the Lufthansa Cargo Centre (LCC) by 2030.
Lufthansa Cargo CEO Ashwin Bhat commented: "In times of global tensions and changing customer demands, we need innovative solutions that meet our, our customers' and society's needs. This is only possible with a modern infrastructure."
The LCCevo project will see basic renovation carried out in stages so that cargo handling can continue seamlessly at the centre, negating any impact to operations.
"This investment by the Lufthansa Group is a clear commitment to the Frankfurt location and symbolizes our confidence in the long-term future of the airfreight business," said Deutsche Lufthansa member of the executive board Michael Niggemann.
During the current construction phase, Lufthansa Cargo is renovating or building new facilities on an area of around 55,000 m². It includes the construction of a 42-meter high-bay warehouse, which will be the second-highest building at Frankfurt Airport.