Germany
Company
Lufthansa Cargo posts record results to underpin future investments
Lufthansa Cargo returned record results in 2010. The cargo carrier impressively harnessed the global economic upswing to post an operating profit of 310 million euros. Revenues rose to near pre-crisis levels and totalled 2.8 billion euros. The positive business development is set to con-tinue in 2011 and furnish the foundations for wide-ranging company investments in the future.
Key figures in fiscal 2010:
| Lufthansa Cargo | 2010 | 2009 | Change in % | |
| Revenues | In €m | 2,795 | 1,951 | +43.3 |
| Operating result | In €m | 310 | -171 | - |
| Operating margin | % | 11.1% | -8.8% | +19.9pp |
| Employees as of 31.12. | Number | 4.517 | 4.488 | +0,6 |
| Freight and mail (tonnes) | In thousands | 1,795 | 1,519 | +18.2 |
| Available cargo tonne-kilometres | In millions | 12,564 | 11,681 | +7.6 |
| Revenue cargo tonne-kilometres | In millions | 8,905 | 7,425 | +19.9 |
| Cargo load factor | % | 70.9 | 63.6 | +7.3 pp |
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