Lufthansa Cargo has reported operating losses in the second quarter of euro 68 million compared to a profit of euro 20 million y-o-y, blaming a resilience in a soft market situation.
Revenues increased by 2.6% totaling euro 593 million and showing a rise of 1.8% in mail volumes. Second quarter revenue cargo ton kilometers went up 1.4% against a 5.5% increase in capacity This resulted in a load factor of 65.7%, down with 2.6 points.
In an announcement Lufthansa cargo stated “Some airlines altered their pricing models at the beginning of the year, taking the first step towards all-in rates that no longer show the fuel surcharge separately. Lufthansa Cargo is observing this trend, analyzing developments in pricing structures and evaluating them carefully,”
“Lufthansa Cargo is observing this trend, analyzing developments in pricing structures and evaluating them carefully,” the statement added.
