Lufthansa Cargo boosts load factor despite challenges

10/17/2013 9:59:18 AM

In a challenging market environment, Lufthansa Cargo flew with fuller aircraft in the first nine months of the year. The cargo airline increased the load factor of its aircraft to 69.3 percent. The tonnage of freight and mail transported fell slightly in the first three quarters by 2.2 per cent. Lufthansa Cargo transported a total of around 1.3 million tonnes of air freight. The airline originally expected demand to increase greatly in autumn of this year. The company met the situation in global air freight markets, which continued to be challenging, with flexible capacity management, thereby boosting its load factor. Lufthansa Cargo is one of the few cargo airlines to make targeted investments in new aircraft, modern technologies and its route network, even in the current market environment. As a result, the company is prepared for all market developments, even a long-anticipated upswing in demand, stressed executive board chairman and CEO Karl Ulrich Garnadt.   Cargonews Asia

RELATED NEWS

Lufthansa starts daily freighter flights to Shanghai (4/8/2014 8:34:23 AM) Lufthansa adds Asian ports (3/31/2014 9:16:36 AM) Lufthansa adds Milan to freighter network (3/7/2014 8:21:43 AM) Emirates, Lufthansa expect to fly A380s to India (2/19/2014 9:48:01 AM) Lufthansa flies B777F to Mumbai (1/14/2014 10:06:44 AM) Lufthansa Cargo's load factor rose in 2013 (1/11/2014 9:02:45 AM) Lufthansa to add flights to Israel in 2014 (12/12/2013 9:59:06 AM) Lufthansa Cargo starts Boeing 777F on Frankfurt-JFK/Atlanta/Chicago run (11/27/2013 9:06:19 AM) Lufthansa Cargo to Launch 777 Freighter Service (11/20/2013 9:24:25 AM) Lufthansa reports more passengers, less freight (10/15/2013 9:12:04 AM)

OTHER NEWS

Lufthansa reports more passengers, less freight (10/15/2013 9:12:04 AM) Silk Way Airlines to inaugurate cargo service TLV – Baku (10/14/2013 8:35:22 AM) Freighter fleet to hit 3,000 planes in 20 years (10/12/2013 9:39:13 AM) American Airlines begins Orlando cargo service (10/11/2013 8:57:22 AM) AirBridgeCargo’s Freight Traffic Rises 4 Percent (10/11/2013 8:56:55 AM) Etihad buys five B777-200LRS, adds Riga (10/11/2013 8:54:44 AM) Etihad to add LAX flights (10/9/2013 10:09:36 AM) Cathay Pacific to increase U.S. routings (10/9/2013 10:08:18 AM) New African carrier plans London route (10/9/2013 10:07:48 AM) THAI adds more flights from Moscow (10/7/2013 9:08:24 AM)

COMMENTS

Your comment

Content: Email / Name / Tel:

The most comprehensive and easy-to-use global marine weather application

With the Courtesy of Bao Hoang Yachts Co. Click "HERE" to get your own 30day free trail or contact Ms Phuong Bui at Vietnam Shipper: phuongbq@vil.com.vn / 08.39330 148