Lufthansa Cargo: Strong year 2017 in the volatile logistics business

2018 will be marked by investments in ground infrastructure for specialist businesses and in digitization

Lufthansa Cargo: Strong year 2017 in the volatile logistics business

The recovery of the global airfreight market and successes in cost management brought Lufthansa Cargo back on the road to success in the past year. Sales rose by 21.1 percent compared to 2016 to EUR 2.5 billion. 1.6 million tonnes of freight and mail were flown and 8.89 billion FTKT sold. Average revenues, especially in the express business, increased significantly. Total operating income increased by 21.2 percent to a total of EUR 2.6 billion.

Adjusted EBIT improved by EUR 292 million year-on-year to EUR 242 million and EBIT by EUR 304 million to EUR 240 million. The result was achieved in a demanding market environment. In addition to a strong focus on cost optimization, high-performance products and flexible capacity management, the sales strength of Lufthansa Cargo also made a major contribution.

The modernization of Revenue Management enabled Lufthansa Cargo to provide more sophisticated control. By significantly reducing manual processes, sales responsiveness has been further improved.

In the coming years, the company wants to digitally network with all participants in the transport chain from booking to delivery. In the long term, customers benefit from greater transparency, greater speed, improved quality and flexibility, and greater efficiency.

The freight center in Frankfurt is going through a phase of continuous optimization. With LCC evolution, a concept was developed that provides for a modular modernization of the logistics center (Lufthansa Cargo Center). In addition to the associated expansion, the entire infrastructure of the Cool Center, among other things, was further improved. This was accompanied by the introduction of the “Road Feeder Service Cool”. As a special service, a special thermal film was added to the offer and the container portfolio was further expanded.