Air, Business, Freight News

Back in the black

[ March 25, 2013   //   ]

Lufthansa Cargo returned to profit in 2012 with an operating profit of €104 million, reported chairman and CEO Karl Ulrich Garnadt on 21 March. The carrier is also anticipating a rise in profits in 2013, he added. Demand-driven capacity management was the secret to Lufthansa’s success in what is still a very tough world market, pointing out that the German carriers was one of few cargo airlines to return a profit.