News / Lufthansa Cargo launches products to boost general freight as earnings suffer 40% slump

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Lufthansa Cargo is set to add new products to its portfolio to boost its standard freight segment. The strike-hit carrier, which last week announced that earnings had fallen 40% in 2015, said it also needed to restore its reputation as a premium, and therefore reliable, brand.

The carrier saw total revenues fall 3.3% to €2.3bn, while earnings were €73.5m. The strikes lost the carrier €13m in direct costs, but the actual cost was expected to be much higher, as forwarders were ...