Record Q4 for Lufthansa Cargo as its faith in ecommerce pays off
Lufthansa Cargo said it had a record set of results in the fourth quarter – ...
Photo: Cargojet
By Alex Lennane
Canada’s Cargojet has had a good quarter, buoyed by ecommerce and Red Sea disruption, which has led to charter work. On a conference call, co-CEO Jamie Porteous said the Red Sea crisis had brought opportunities – but that geopolitics was causing uncertainty. The carrier saw “exceptional” volume growth, and said it had not been impacted by the growing use of freighters by rivals WestJet and Air Canada. The Canadian Press reports, via Yahoo Finance.
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