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            september 20, 2019

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Lufthansa tonnage down 2.2pc


Lufthansa Cargo reports that while tonnage fell 2.2 per cent to 1.3 million tons it increased its load factor to 69.3 per cent in the first nine months of the year, according to the Shipping Gazette. 
The airline said it first expected demand to increase in autumn and met the situation in global air freight markets, which continued to be poor, with flexible capacity management, thereby boosting its load factor.
Lufthansa Cargo is one of the few cargo airlines to make targeted investments in new aircraft, modern technologies and its route network, even in the current market environment.
As a result, the company said it is "prepared for all market developments, even a long-anticipated upswing in demand."
Said chairman and CEO Karl Ulrich Garnadt: "Starting in late October, we will offer a winter flight schedule featuring 300 stations and high-frequency service to all of the world's key air freight markets."

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