‘Fantastic’ year for Lufthansa Cargo, with revenue and profits on the up

Lufthansa Cargo’s year trended upward in 2018, its results show, but early problems seen across its Europe and Middle East/Africa operations remain in play.
Lufthansa group chief financial officer Ulrik Svensson praised the cargo division, which recorded 7% growth in revenue (€2.7bn), generating some €372m (up 2%) in ebitda.
“Cargo had a fantastic 2018, but the market is now starting to look a little weaker,” Mr Svensson told investors.
“It’s too early to …

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Source: The Loadstar

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