Lufthansa Cargo: Supervisory Board Extends Peter Gerber’s Contract

Peter Gerber will lead Lufthansa Cargo as CEO and Chairman of the Executive Board for another five years. The company’s Supervisory Board has unanimously agreed an early extension of his contract to 30 April 2022. Lufthansa Cargo has initiated a comprehensive restructuring process in recent months aimed at achieving a sustainable increase in the airline’s profitability once again.

Peter Gerber has been CEO and Chairman of the Executive Board of Lufthansa Cargo AG since May 2014. Before that, the 52-year-old was on the Executive Board of Lufthansa Passenger Airlines, where he headed up the Human Resources, IT & Services division. Gerber was Board Member for Finance and Human Resources at Lufthansa Cargo between 2009 and 2012.

Lufthansa Cargo AG

Lufthansa Cargo ranks among the world’s leading air freight carriers. In the 2015 business year, the airline transported around 1.6 million tonnes of freight and mail and sold 8.4 billion revenue tonne-kilometres. The company currently employs about 4,600 people worldwide. Lufthansa Cargo focuses on the airport-to-airport business. The cargo carrier serves around 300 destinations in more than 100 countries with its own fleet of freighters, the belly capacities of passenger aircraft operated by Lufthansa, Austrian Airlines and Eurowings, and an extensive road feeder service network. The bulk of the cargo business is routed through Frankfurt Airport. Lufthansa Cargo is a wholly owned Lufthansa subsidiary of Deutsche Lufthansa AG.