“We had to contend with an extremely difficult market environment in 2012. So we focused firmly on capacity utilisation and the profitability of our freighter routes,” emphasised Lufthansa Cargo Chairman and CEO Karl Ulrich Garnadt. “Despite the necessary capacity cuts, we further developed our customer services and brought new destinations, such as Detroit, Montevideo or Tel Aviv, into the route network.“
The Cargo chief is looking with assurance to the future: “We can see green shoots of economic recovery in key airfreight markets. Our flexible approach will allow us to respond fast and purposefully to emergent market opportunities and quickly increase capacity again to accommodate stronger demand.” In the autumn of this year, Lufthansa Cargo is awaiting delivery of the first two of five brand-new Boeing 777 freighters on order. The world’s most efficient freighter aircraft of its class is integral to the comprehensive “Lufthansa Cargo 2020“ strategy designed to position the Company as the industry innovation leader.