Lufthansa Cargo holds in a difficult market environment

Stable volume and increased capacity utilisation with Lufthansa Cargo in 2013; hopeful start into the new financial year

The aircraft of Lufthansa Cargo were well utilised in the year 2013. Europe’s leading cargo airline increased its cargo load factor by two percentage-points to 69.9 per cent. Having transported 1.7 million tonnes of cargo and mail, tonnage almost equalled the previous year’s level. Moreover the German company remained one of the few profitable cargo airlines in the world.

The past financial year was characterised by muted demand in global air freight markets, as in 2012. Lufthansa Cargo continued with its highly flexible and demand-oriented capacity management in this challenging environment. At the same time, Lufthansa Cargo continued to invest in its network for its customers. This included adding the Mexican metropolis of Guadalajara and the Peruvian capital Lima to the schedule.

“Lufthansa Cargo remains on course”, emphasised CEO Karl Ulrich Garnadt. “We are able to hold our own even in a difficult market environment and have laid the basis in 2013 for important developments in our company. If the welcome trends of recent weeks in global air cargo markets, particularly in Asia, continue then we can feel optimistic about the new year.”

www.lufthansa-cargo.com

Quelle: LogEastics
Portal: www.logistik-express.com

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