Lufthansa Cargo: Record Q4 for Lufthansa Cargo as its faith in ecommerce pays off

Lufthansa Cargo said it had a record set of results in the fourth quarter - but the passenger business let down overall results. The cargo arm said revenue was up 10%, to €3.26bn, while adjusted ebit rose 15%, to €251m. Capacity rose 9%, while sales, measured in freight tonne km went up 9%. The fourth quarter - its best outside of the Covid era - saw adjusted ebit of €199m. It said ...The post Record Q4 for Lufthansa Cargo as its faith in ecommerce pays off appeared first on The Loadstar.