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Lufthansa Cargo 9-months revenue up 37% to €2.4 billion
Lufthansa Cargo 9-months revenue up 37% to €2.4 billion
For the third quarter ended September 30, revenue was up 50 percent to €834 million. While capacity increased 18 percent, sales was up 11 percent.

Lufthansa Cargo 9-months revenue up 37% to €2.4 billion

For the third quarter ended September 30, revenue was up 50 percent to €834 million. While capacity increased 18 percent, sales was up 11 percent.

Story: Higher yields and more capacity saw Lufthansa Cargo traffic revenue increase 37 percent to €2.4 billion for nine months ended September 30, 2021 from €1.8 billion in January-September 2020.

Lufthansa Cargo increased capacity (available cargo tonne-kilometres) by 5 percent compared to the previous year and sales (revenue cargo tonne-kilometres) increased 11 percent to 5.2 billion.

"Cargo load factor improved four percentage points to 71.8 percent and yields, adjusted for exchange rate effects, went up in all traffic regions and were 25.4 percent higher overall than the previous year," an official statement said.

For the third quarter ended September 30, revenue was up 50 percent to €834 million. While capacity increased 18 percent, sales was up 11 percent.