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Swiss World Cargo
No repeat of May’s up-tick for Lufthansa
Lufthansa Cargo’s freight volumes fell 14.1 per cent in June to 128,000 tonnes from a year ago, similar to other European cargo carriers, but ending a brief burst of optimism in May when its volumes improved to only a -9.1 per cent drop year-on-year. The drop in June volume left traffic in the first six months of the year down 20.1 per cent from the same period last year at 694,000 tonnes. "In the air freight sector... the market environment remained weak in June," Lufthansa said. The … [Read more...] about No repeat of May’s up-tick for Lufthansa
No repeat of May's up-tick for Lufthansa
Lufthansa Cargo’s freight volumes fell 14.1 per cent in June to 128,000 tonnes from a year ago, similar to other European cargo carriers, but ending a brief burst of optimism in May when its volumes improved to only a -9.1 per cent drop year-on-year. The drop in June volume left traffic in the first six months of the year down 20.1 per cent from the same period last year at 694,000 tonnes. "In the air freight sector... the market environment remained weak in June," Lufthansa said. The … [Read more...] about No repeat of May's up-tick for Lufthansa
EUROPE & CIS: Major Euro carriers report cargo leveling
Nearly a six-month long plunge in cargo traffic has leveled out in May for major European carriers, giving hope to earlier sentiments that the global economic contagion will not get any worse. Lufthansa Cargo, Europe’s second largest scheduled cargo airline, carried 125,000 tonnes of freight in May, a 9.1 per cent decline from the same period a year ago that left traffic in the first five months of 2009 down 21.4 per cent at 566,000 tonnes. The May decline is a marked … [Read more...] about EUROPE & CIS: Major Euro carriers report cargo leveling
EUROPE & CIS: Major Euro carriers report cargo leveling
Nearly a six-month long plunge in cargo traffic has leveled out in May for major European carriers, giving hope to earlier sentiments that the global economic contagion will not get any worse. Lufthansa Cargo, Europe’s second largest scheduled cargo airline, carried 125,000 tonnes of freight in May, a 9.1 per cent decline from the same period a year ago that left traffic in the first five months of 2009 down 21.4 per cent at 566,000 tonnes. The May decline is a marked … [Read more...] about EUROPE & CIS: Major Euro carriers report cargo leveling
Luft Cargo sees March slide but adds routes
Lufthansa Cargo saw its cargo volumes continue to slide with a 19.9 per cent drop in March from a year ago to 123,000 tonnes from 154,000 tonnes in March 2008. For the first three months of the year volumes are down 23.4 per cent to 328,000 tonnes. The cargo division cut capacity by 4.7 per cent and saw an 11.4 point drop in the load factor to 57.6 per cent. But the carrier has also recently launched a weekly freighter service between Frankfurt and Hanoi, along with a weekly MD-11 flight to … [Read more...] about Luft Cargo sees March slide but adds routes