Flying safe amidst economic turbulence
Despite the challenging condition of the market, Lufthansa Cargo generated a load factor of just over 69%.
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. Freight and mail throughput showed a year-on-year decline of 3.2 per cent, the company said.
“Lufthansa Cargo remains on track despite a challenging market environment,” affirmed Peter
Gerber, Chairman of the Executive Board and CEO, Lufthansa Cargo. “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.
In addition, Lufthansa Cargo will become even more attractive for its customers on the routes between Japan and Europe thanks to a joint venture with All Nippon Airways (ANA).
As of December, they will benefit from the combined network of the two airlines and a much larger choice of direct flights.