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© Typhoonski

Lufthansa Cargo is continuing its turnaround from a terrible 2016, with profits up more than €167m after the first nine months of this year.

An improving third quarter and a more buoyant global air freight sector boosted nine-month earnings before interest and tax (EBIT) to €98m, a huge improvement on the €69m loss at this stage last year.

Cargo division yields increased by 10.6% in Q3, generating a positive contribution for the fourth quarter in a row.

Peter Gerber, chief executive of Lufthansa Cargo, said: “We are very happy to ...

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