Lufthansa Cargo still waiting to see stable recovery in demand

Lufthansa Cargo’s flexible capacity management increased its load factor to more than 70 per cent in the first six months of 2014

Lufthansa Cargo has been flying well-laden aircraft in the first six months of the year. The market environment did remain challenging in the second quarter of 2014. However, Europe’s leading cargo airline increased its load factor to more than 70 per cent – an exceptionally high value compared to the rest of the industry. The total transport volume of 807,000 tonnes was 3.8 per cent below last year’s figure.

Lufthansa Cargo was able to achieve such good utilisation levels thanks to flexible, demand-driven capacity management. Overall, the Lufthansa subsidiary reduced its offering in comparison with the previous year by 2.1 per cent, with the sharpest decline coming in the Africa/Middle East transport region.

“We’re still not seeing any stable recovery in demand in global air cargo markets”, said the cargo airline’s CEO Peter Gerber. “In this environment, it’s important that we remain vigilant and can respond quickly.” The schedule is continuously and flexibly adapted to meet current demand in order to ensure the profitability of the individual connections.

Lufthansa Cargo counts among the world’s leading providers of air freight transport. The enterprise has about 4,600 employees around the globe. The route network covers more than 300 destinations in about 100 countries, using freight aircraft as well as belly capacities of Lufthansa and Austrian Airlines passenger machines, and trucks.

www.lufthansa-cargo.com
Quelle: Österreichische Verkehrszeitung
Portal: www.logistik-express.com