Lufthansa Cargo said significantly improved its business results in 2024 compared to the previous year. Revenue increased by 10% to €3.26 billion and adjusted EBIT rose by 15% to €251 million. Available freight capacity also expanded 9% in 2024 to 13.7 billion freight tonne-kilometers, sales increased by 14% to 8.5 billion freight tonne-kilometers and the average load factor improved by 2.7%age points to 61.9%.
In the current fiscal year, Lufthansa Cargo will continue to focus on expanding its offerings and also focus more on industry-specific solutions for the automotive, healthcare and semiconductor sectors. Strong demand is also anticipated for the eCommerce this year. The €600-million investment project LCCevo, which aims to develop Lufthansa Cargo’s Frankfurt hub into Europe’s leading air freight hub by 2030, will continue to be pursued this year.