“In a bid to be profitable, Lufthansa Cargo has responded to the soft air freight market by announcing it will cut capacity from its schedule. (…) This will allow the company to ensure profitable load factors and continued deployment of its aircraft at optimum levels.” – The Loadstar, 28 May 2019.
Down, down, down: Its core operations are under strain, with the company saying this week that the board was “revising its financial outlook …
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Source: The Loadstar