News / Passengers are back – but cargo still boosts results at Lufthansa

Airbus A330 of Lufthansa D-AIKI ("Jena") at Frankfurt Airport

Passengers – and consequently belly space – are back, according to Lufthansa’s financial results.

Last year, in the nine months to September, cargo produced about half the revenues of passengers; this year, logistics turnover accounts for about 22% of the combined passenger/cargo revenue.

Capacity, measured in available cargo tonne-km, rose 24% year on year, leading to a fall in load factors of 11.4 percentage points. Revenue cargo tonne km went up by just 4%. But capacity is still at 80% of pre-crisis ...