Lufthansa Cargo flies calmly through a challenging year

© Khunaspix Dreamstime.

Lufthansa Cargo took to the skies with well-filled aircraft over the past twelve months. Despite a slight decline in transported cargo volume, Germany’s number one freight airline was able to maintain its capacity utilisation last year with a cargo load factor of 69.7 per cent (2013: 69.9 per cent). Faced by tough competition, the cargo airline transported around 1.7 million tonnes of freight and mail in 2014, posting a slight year-on-year decline of -2.7 per cent.

In the past financial year, Lufthansa Cargo successfully focused on a flexible and demand-driven management of its capacities with the aim of boosting yields. At the same time, the freight airline invested in its network for its customers, adding Milan in Italy, Lagos in Nigeria and the Tunisian capital Tunis to its destinations. In addition, business with key sectors like the oil and gas industry played a stronger role for Lufthansa Cargo. Since November it has been offering a non-stop Boe- ing 777F flight from Houston (USA) to Stavanger (Norway) every Saturday, linking two of the world’s most important centres of the oil and gas industry.