EUROPE/CIS: Lufthansa Cargo sees 17.5% jump in Jan traffic

Lufthansa Cargo boosted freight traffic 17.5 per cent in January from a year ago, with the German carrier saying the increase, to 137,000 tonnes, was driven by the re-activation of idled MD-11 freighters and fleet expansion at Aero-Logic, its joint venture with DHL Express. Revenue rose 21 per cent on a 25 per cent increase […]


Lufthansa Cargo boosted freight traffic 17.5 per cent in January from a year ago, with the German carrier saying the increase, to 137,000 tonnes, was driven by the re-activation of idled MD-11 freighters and fleet expansion at Aero-Logic, its joint venture with DHL Express. Revenue rose 21 per cent on a 25 per cent increase in capacity which trimmed the load factor by 2.2 percentage points to 65.6 per cent. The January performance returned Lufthansa Cargo to the high teens growth of recent months that was interrupted by a 7.9 per cent year-on-year increase in December when harsh weather conditions in Europe grounded freighter and passenger flights from the carrier’s Frankfurt hub. The Lufthansa group, which includes SwissWorld Cargo, Austrian Airlines and the UK’s BMI, increased January cargo traffic 16.8 per cent to 156,000 tonnes. Revenue was up 14.5 per cent, capacity increased 16.7 per cent and the load factor slipped 1.2 percentage points to 63 per cent. The Americas was the best performing region with traffic jumping 23.8 per cent to 47,000 tonnes, edging out Asia-Pacific shipments, which increased 22.8 per cent to 45,000 tonnes.