More freight at Lufthansa Cargo
Freight carrier with significant increase in sales and load factor
Lufthansa Cargo reported an increase in freight and a significantly improved load factor at the close of the third quarter of 2010. From January to September, the carrier transported about 1.3 million tonnes of freight. This represents a year-on-year increase of 19.4 per cent. Measured by transported tonne-kilometres, sales even rose by 22.8 per cent. The fact that Lufthansa Cargo had only implemented a moderate expansion of its offer by 5.9 per cent meant that the cargo load factor improved by almost ten percentage points to 71.1 per cent.
“Lufthansa Cargo has so far made optimal use of the upswing this year,” emphasized Lufthansa Cargo Chairman and CEO Carsten Spohr. “We were able to realize the targeted expansion of our offer, bringing about a significant increase in the load factors, and we intend to keep growing during the fourth quarter.” As of November, Lufthansa Cargo will again be able to count on all 18 of its MD-11 freighters to achieve this goal. At the end of September, the last of the MD-11, which were temporarily parked in the Californian desert, were reactivated. Spohr underlined Lufthansa Cargo would continue to focus its strategy on high quality paired with a dense network in global business locations. He also added that as of November, the cargo carrier would, for example, be offering twelve weekly flights to Japan rather than the seven flights to date.
The financial results for the first nine months of the year will be published on 28 October 2010.
Lufthansa Cargo third-quarter figures 2010
| Total | |||
| 2010 | 2009 | Change in % | |
| Freight/Mail in tonnes (thousands) | 1.304 | 1.092 | 19,4% |
| Available tonne-kilometres (millions) | 9.142 | 8.632 | 5,9% |
| Revenue tonne-kilometres (millions) | 6.504 | 5.298 | 22,8% |
| Cargo load factor | 71,1% | 61,4% | 9,8%-P. |
Overview of traffic regions
| Europe | America | Asia/Pacific | Africa/Middle East | |||||
| 2010 | Change in % | 2010 | Change in % | 2010 | Change in % | 2010 | Change in % | |
| Freight/Mail in tonnes (thousands) | 443 | 15,1% | 382 | 27,9% | 377 | 23,5% | 102 | -1,0% |
| Available tonne-kilometres (millions) | 576 | 4,7% | 3.645 | 3,4% | 4.068 | 10,1% | 852 | -1,1% |
| Revenue tonne-kilometres (millions) | 262 | 8,9% | 2.679 | 26,1% | 3.055 | 25,9% | 507 | 0,4% |
| Cargo load factor | 45,5% | 1,7%-P. | 73,5% | 13,2%-P. | 75,1% | 9,4%-P. | 59,5% | 0,9%-P. |
Lufthansa Cargo AG
Lufthansa Cargo ranks among the world’s leading cargo carriers. In the 2009 financial year, the airline transported around 1.5 million tonnes of freight and mail and clocked up 7.4 billion revenue tonne-kilometres. The Company currently employs about 4,500 people, worldwide. Lufthansa Cargo focuses on the airport-to-airport business. The cargo carrier serves some 330 destinations in more than 100 countries with its own fleet of freighters, the belly capacities of passenger aircraft operated by Lufthansa and Austrian Airlines, and an extensive road feeder service network. The bulk of the cargo business is routed through Frankfurt Airport. Lufthansa Cargo is a wholly owned Lufthansa subsidiary. In the 2009 financial year, it posted revenues totalling around 1.9 billion euros.
October, 11 2010