Fly­ing safe amidst eco­nomic tur­bu­lence

De­spite the chal­leng­ing con­di­tion of the mar­ket, Lufthansa Cargo gen­er­ated a load fac­tor of just over 69%.

Cargo Talk - - News -

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.

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