Lufthansa Cargo remains on track despite a challenging market environment Cargo airline strengthens network
Frankfurt, October 13, 2014 (STAT):-Lufthansa Cargo’s aircraft took to the skies with well-utilised capacities in the first nine months of 2014. Although the market environment remained challenging in the third quarter, a flexible and demand-focused capacity management generated a cargo load factor of just over 69 per cent – an excellent result for the sector. Freight and mail throughput showed a year-on-year decline of 3.2 per cent.
“Lufthansa Cargo remains on track despite a challenging market environment”, said the freight airline’s Chairman of the Executive Board and CEO Peter Gerber. “High flexibility, strong customer orientation and top quality also paid off in the third quarter of the year.” In his forecast for the fourth quarter Gerber was cautiously optimistic. He expects a seasonal upturn in demand for the Christmas season.
Lufthansa Cargo also invested specifically in its own network during the last quarter. Since mid- September the cargo airline has been flying an MD-11F to Lagos, Nigeria twice a week. And more new routes will be added over the coming weeks.