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Lufthansa Cargo: ‘from crisis year to record year’


LUFTHANSA Cargo revealed its results for 2010 in late March, and there was a lot more good news to be reported than at the same time in the previous year. Despite challenges that


included the volcanic ash cloud shutdown of European airspace in April, severe winter weather, a pilots’ strike and the loss of an MD-11 freighter in Riyadh in July 2010, Lufthansa Cargo made 2.8 billion euros


mail, up by 18.2 percent year-on- year, and flew a total of 8.9 billion revenue tonne-km, a rise of 19.9 percent. With capacity rising by 7.6


percent to 12.6 billion available tonne-km, the cargo load factor also rose – by 7.3 points to a new high of 70.9 percent. Lufthansa Cargo chairman and


Garnadt: flexibility continues to be key


(US$4 billion) in revenue and a 310 million euro ($438 million) operating result last year – moving from its worst-ever set of results to a record performance. It carried 1.8 million tonnes of freight and


CEO Karl Ulrich Garnadt attributed the freight carrier’s move “from


crisis year to record year” to a “dynamism (in the market) that we’ve never seen before”, plus the introduction of new strategies to improve its efficiency during the months of poor results. Flexibility continues to be key, he added.


IN BRIEF


KERRY LOGISTICS has opened two new logistics centres in China, at Chongqing and Kunshan. The first phase of the Chongqing facility covers 20,500m2 18,800m2


, the Kunshan facility . The company has


more than 130 offices and logistics centres throughout China.


AIR LOGISTICSCHINA 11


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