Upward trend at Lufthansa Cargo continues

LUFTHANSA Cargo made an operating profit of €144 million in the first half of the year, the best in its history.

Bucking the troubles of Lufthansa’s passenger business, Lufthansa Cargo transported 830,000 tons of freight and mail in the first six months of the year, 20 per cent more than in the same period of 2009. Growth was particularly strong intra/extra Asia as well as to America, with Asia/Pacific traffic increasing volumes 24.6 per cent.

“In the second quarter we once again took advantage of market opportunities and invested in growth markets,” said Carsten Spohr, the carrier’s chief executive officer.

He added that, with new destinations, such as to Tianjin (China) and the return of the first mothballed MD-11 freighters back into active service, the company was well-prepared for the second half of the year.