EUROPE: Lufthansa Cargo on growth path

Lufthansa Cargo said it is back onthe growth path. The German cargoairline raised transported freightand mail in 2006 by 1.3 percent to1.76 million tonnes. The cargo loadfactor rose 2.7 percentage points to67,7 percent. During the year, Lufthansa Cargoreduced capacity on the year-earlierlevel by 0.6 percent to 11.97 billionavailable tonne-kilometres. Revenuefreight-kilometres rose by 3.5 percentto 8.10 […]


Lufthansa Cargo said it is back onthe growth path. The German cargoairline raised transported freightand mail in 2006 by 1.3 percent to1.76 million tonnes. The cargo loadfactor rose 2.7 percentage points to67,7 percent.

During the year, Lufthansa Cargoreduced capacity on the year-earlierlevel by 0.6 percent to 11.97 billionavailable tonne-kilometres. Revenuefreight-kilometres rose by 3.5 percentto 8.10 billion.

Commenting on the results, CarstenSpohr the new CEO and chairman of Lufthansa Cargo AG since January 2007, said: ‘We will continue posting high growth rates in 2007, especially in Asia traffic. Our stake in the Chinese carrier Jade Cargo International is meantime spawning excellent growth opportunities also in traffic within Asia. We are expecting the airfreight industry generally to continue growing in 2007 and Lufthansa Cargo to profit strongly again from that market growth.’