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APR 06, 2005 (newstodate): In 2004, Lufthansa Cargo managed to close its books in black figures after reporting an operating result of euro 34 million, boosting revenues by 14.2 percent.
In total, Lufthansa Cargo transported 1.75 million tonnes of cargo and mail, up 10.7 percent on 2003.
The load factor increased to 67 percent against 65.6 percent in 2003.
-The general conditions for profitable growth were and remain difficult. They include record fuel prices, an aggressive competitive environment, and the strong euro; while Lufthansa Cargo takes in two-thirds of its revenues in foreign currencies, two-thirds of its costs are in euro, says Jean-Peter Jansen, Lufthansa Cargo Chairman of the Executive Board.
In total, Lufthansa Cargo transported 1.75 million tonnes of cargo and mail, up 10.7 percent on 2003.
The load factor increased to 67 percent against 65.6 percent in 2003.
-The general conditions for profitable growth were and remain difficult. They include record fuel prices, an aggressive competitive environment, and the strong euro; while Lufthansa Cargo takes in two-thirds of its revenues in foreign currencies, two-thirds of its costs are in euro, says Jean-Peter Jansen, Lufthansa Cargo Chairman of the Executive Board.