Lufthansa caution on cargo

No recovery in volumes before Q4

Air Cargo Services fourth quarter Lufthansa operating profit recovery

The second quarter of 2012 has seen Lufthansa wiping off its first quarter losses. The carrier had an operating profit of $442.2 billion (361 million euros) in the second quarter of 2012, a rise of 27.6 per cent compared to the previous quarter.

As for cargo, the carrier forecast that there would be a recovery in demand for air cargo services in the fourth quarter of this year at the earliest though volumes were still down year-on-year.