Record result for Lufthansa

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Lufthansa Cargo says it has posted a record financial result for the second year in a row. Revenue rose to €3.80 billion (previous year: €2.76 billion), while adjusted EBIT amounted to €1,493 million (previous year: €772 million). A total of 7.2 billion freight tonne kilometers were sold last year compared with 6.5bn in the previous year. Average load factor improved by 1.7 percentage points year-on-year to 71.0%, while capacity increased by 8.7% to 10.1 billion freight ton kilometers offered.
Chairman of the executive board and chief executive Dorothea von Boxberg, said that in 2022, the German carrier would focus on sustainability and decarbonization of airfreight through its sustainable aviation fuel offerings and also begin to equip freighters with Sharkskin technology to help save fuel. Lufthansa was also working at full speed to convert to fully electronic air waybills.

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