Zurich, 26 March 2008

Cargologic and Swiss WorldCargo to continue a successful partnership

The long-running successful partnership between Cargologic and Swiss WorldCargo is set to continue: a new five-year contract between the companies underlines the success of the arrangement and places the focus on continuity of quality and reliability. The contract was signed 26 March 2008 in Zurich.

According to Oliver Evans, Chief Cargo Officer of Swiss WorldCargo, it is Cargologic's reliability and quality of services that have prompted the contract extension: "Swiss WorldCargo is a global leader in quality, as measured by the Flown-as-Planned metric developed by Cargo 2000, in which our scores place us consistently amongst the leaders, and frequently number one worldwide. We are proud of this reliability, achieved throughout our network thanks to our staff, but also to those of our handling partners. Specifically, we could not receive this recognition without the support and partnership of our hub handlers Cargologic, whose management and staff are loyal, meticulous and motivated. Furthermore this new agreement including Lufthansa Cargo marks an important milestone in our drive to move under one roof for handling services, bringing the members of the Lufthansa Cargo Group closer together and enabling us to offer complementary services to our customers."

Peter Widmer, Chairman of the Cargologic Board of Directors, was also pleased with the agreement: "Cargologic has been a member of our group of firms since 2002 and is on track for confirmed growth." The efficiency and reliability of the company are based on 50 years' experience in air freight handling.

The long-term renewal of the tried and tested partnership between Swiss WorldCargo and Cargologic is not just valuable to the partners themselves. It is also a clear acknowledgement of the Zurich Airport location and a substantial contribution to its future growth.

Leader in airfreight handling
Cargologic is one of Europe's leading specialists in airfreight handling with a volume of 600,000 tonnes of goods per year. The company currently employs around 1,000 people and has branches in Zurich, Basel, Bern, Lugano, Bratislava, Frankfurt and Parchim. It is also represented in Amsterdam and Brussels through its sister company SKYLINK. Cargologic offers tailor-made solutions for airfreight handling to airlines and forwarders. This includes handling import, export and transit shipments, as well as the treatment of special consignments and the execution of security checks for airfreight. Cargologic and Skylink are Rhenus Group companies
The Rhenus Group has an annual turnover of EUR 3.3 billion, making it one of the world's leading logistics contractors. It has over 15,000 employees based at 230 locations worldwide. Rhenus's Contract Logistics, Freight Logistics, Port Logistics and Public Transport divisions manage complex supply chains and provide a wealth of innovative value-added services. Swiss WorldCargo - a worldwide network
Swiss WorldCargo is the air freight division of Swiss International Air Lines AG. With a worldwide network of more than 150 destinations in over 80 countries and a wide range of services at its disposal, Swiss WorldCargo creates true added value for its customers and makes a substantial contribution to the earnings power of Swiss International Air Lines AG.