New strategy delivers 3Q dividends for Lufthansa Cargo

The Lufthansa Group reported revenues from its Logistics business segment up 17.4% y-o-y in 3Q17, to €594 million, on higher cargo traffic and a more favorable pricing environment. EBIT in 3Q17 was €21 million, up from a loss of €17 million in the same quarter of 2016, in part from the success of a cost-cutting […]
  • Charles Kauffman
  • October 25, 2017

September first look: annual comparisons still looking strong

Monthly annual comparisons for air cargo demand have been kind in 2017, with y-o-y demand growth nearing or surpassing double-digit figures nearly every month of this year. Based on historical demand growth, Cargo Facts expected that y-o-y monthly comparisons for September 2017 might reveal the beginning of a gradual decline to lower growth, but with […]
  • Charles Kauffman
  • October 9, 2017