Bottlenecks and price hikes as airlines now avoid Iran airspace
Asia-to-Europe airfreight could face extreme bottlenecks and price hikes due to the rising tension in ...
Lufthansa Cargo achieved an operating profit of EUR 100m last year. This represents a significant increase for the cargo airline when compared with the previous year (EUR 79m*). Speaking in Frankfurt, Chairman of the Executive Board and CEO Peter Gerber presented a result for the year that stood out from the competition and was achieved in a challenging market environment. The airline is continuing to systematically implement its “Lufthansa Cargo 2020” future programme. Lufthansa Cargo expects increase profits further in the current year.
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