Lufthansa Cargo AG is a German cargo airline and a wholly owned subsidiary of Lufthansa. It operates worldwide air freight and logistics services and is headquartered at Frankfurt Airport, the main hub of Lufthansa. Besides operating dedicated cargo planes, the company also has access to cargo capacities of 350 passenger aircraft of the Lufthansa Group. History Lufthansa operated a cargo subsidiary, called German Cargo, between 1977 and 1993 (earlier still, cargo operations were executed in-house, under the Lufthansa Cargo name), when – in an effort to restructure the company – the cargo division was re-integrated into its parent, and split up into two parts (one for scheduled operations using Lufthansa-owned aircraft, and one for freight and logistics services using chartered or leased aircraft). Lufthansa Cargo was created as a limited stock company on 30 November 2004, along with Lufthansa Cargo Charter. Lufthansa Cargo uses LH (the same IATA code as Lufthansa), as well as GEC (the former ICAO code of German Cargo) as airline codes. Operations and subsidiaries As of 2011, all Lufthansa Cargo aircraft are based at Frankfurt Airport, the seventh busiest freight hub in the world, where the airline enjoys a strong co-operation with Fraport, the operator of the airport. Cargo facilities at the airport are divided into two places (Cargo City North and South), of which the first one is nearly exclusively used by Lufthansa Cargo. In earlier years, Lufthansa Cargo had a secondary base at Leipzig/Halle Airport, the European hub for DHL Express, from where it operated flights on behalf of DHL. Activities at this airport gradually came to an end following the formation of AeroLogic as a joint venture between Lufthansa and DHL, which henceforth caters for the DHL flights, allowing Lufthansa Cargo to concentrate on other services. In 1996, Hinduja Cargo Services was founded as a joint venture between Hinduja Group and Lufthansa Cargo. The company operated a fleet of Boeing 727 freighters, flying from airports in the Indian subcontinent to feed Lufthansa Cargo's hub at Sharjah airport. The airline suspended operations in 2000 in favour of direct services from Frankfurt using Lufthansa Cargo aircraft. In 2000, Lufthansa Cargo was a founding member of the WOW Alliance, a global cargo airline alliance, but left in 2007 as it did not see any benefits for the future. In 2002 the special logistics company time:matters was founded, which was sold in the meantime, but is now