Lufthansa Cargo saw tonnage grow 14.8 percent in the first six months of 2011 from a year ago, driven mainly by strong growth in the Americas that enabled the carrier to
sell almost all of a near 20 percent increase in capacity.
Growth slowed to a “more normal” 3.7 percent in June, when tonnage totaled 159,000 tons, Lufthansa reported today, July 11.
“Lufthansa Cargo has harnessed the robust development of the global economy and sustained the growth momentum from the previous year, “said Lufthansa Cargo CEO Karl Ulrich Garnadt.
Capacity grew 19.7 percent, mainly to the reactivation of freighters idled during the recession, the expansion of the fleet of Aeorlogic, Lufthansa’s joint venture with DHL Express, to eight 777 freighters, and the marketing of the cargo capacity of the Austrian Airlines subsidiary.
The first half load factor shrunk 3.3 percentage points to 69.1 percent.
The Americas was the best performing region with traffic soaring 19.5 percent on 22 percent more capacity, significantly ahead of a 12.5 percent increase on Asia/Pacific routes, where capacity was up 18.7 percent from a year ago.
The parent Lufthansa group, which also includes SwissWorldCargo, boosted first half tonnage 13.9 percent to 1.07 million tons on 12.8 percent more capacity.
-- Contact Bruce Barnard at firstname.lastname@example.org.