Receive FREE Newsletter
Advanced Search
+

News / Lufthansa and AF-KLM blame weak Q1 cargo business for poor results

© Typhoonski LH Cargo
© Typhoonski
By

Both Lufthansa Group and AF-KLM Group specifically blamed cargo for glum overall Q1 performances, with yields and unit revenues down.

The Franco-Dutch carrier said yesterday that weak cargo revenues and disruption had led to the group’s poor Q1 operating loss of €489m ($521.8m).

Cargo revenues fell 16.5%, ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    AF-KLM financial results Lufthansa Lufthansa Cargo The Purse Strings