Topic
lufthansa
Logistics AI Hardware and Asia Demand Lift Lufthansa Cargo Revenue 27% in Q2
Lufthansa Cargo's second-quarter revenue rose 27% year over year to €1 billion ($1.2 billion), driven by AI hardware shipments and strong Asia demand, according to FreightWaves. Adjusted operating profit climbed 26% as yields rose 27% and ocean freight shifted to air. CEO Carsten Spohr said server rack transport has become an industry-shaping, highly profitable business.
Logistics Lufthansa Cargo ready to abandon A321 freighters after less than four years, sources say
Lufthansa Cargo's four Airbus A321 converted freighters remain parked at Frankfurt International Airport nearly four months after CityLine shut down, and industry sources say the carrier is ready to abandon the narrowbody jets, according to FreightWaves. The cargo division is evaluating a third-party contract operator and has removed its branding from the aircraft while insisting it wants to resume the service.