Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Maersk Air Cargo ditched some of its less-profitable customers, a move which saw its airfreight ...
In yet another sign of a weak 2019 air cargo market, Lufthansa’s cargo division profits collapsed in the first quarter.
Regionally, the Americas and Asia reported substantial losses, although it may have addressed its faltering activities in the EMEA.
Ebit fell 74% to €19m, as revenues out of the Americas and Asia plummeted 9% and 6%, respectively, despite Asia posting a 1% upturn in revenue tonne km (RTK).
In its earnings report, Lufthansa said the drops were the result of pricing, adding that ...
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