Dorothea von Boxberg to leave Lufthansa Cargo to head Brussels Airlines
The Lufthansa Group merry-go-round has whirled again, this time sending Lufthansa Cargo’s Dorothea von Boxberg ...
Lufthansa Group reported third-quarter net profit of €1.42bn, up 79%, but its cargo arm continues to suffer and saw nine-month revenues decline 15.9%, leaving an operating loss of €69m. Signs leading to a good fourth quarter, as CargoForwarder points out, will not be enough to significantly bolster its full-year figures. The carrier will ground one MD-11F after Christmas, it said. To add insult to injury, just as LH released its results, Fraport announced that Ryanair is bringing its aggressive low-cost model right into the heart of Lufthansa territory.
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