Lufthansa Cargo boosted sales 19.9pc in 2010

Lufthansa Cargo's sales rose 19.9 per cent to a record 8.9 billion revenue cargo tonne-kilometres in 2010 and were accompanied by a pronounced improvement in capacity utilisation.

The cargo load factor rose by 7.3 percentage points to 70.9 per cent, chairman and CEO Karl Ulrich Garnadt said.

The volume of cargo and mail transported climbed 18.2 per cent to 1.79 million tonnes.

"After the 2009 crisis year, Lufthansa Cargo has come back with outstanding results on the back of an impressive team performance," Mr Garnadt said. "We are taking that momentum into 2011 in order to make the most of growth opportunities in the international airfreight industry."

Freight and mail tonnage increased appreciably in all traffic regions. The biggest growth came in the Americas, where tonnage soared 24.9 per cent, followed by the Asia Pacific with growth of 20.6 per cent.

During the year, the company raised capacity by 7.6 per cent. Alongside the airline's reactivated freighters, the increase is attributable to new aircraft joining the fleet operated by subsidiary AeroLogic and the integration of cargo capacities of Austrian Airlines.
(Source:www.schednet.com)