newstodate.aero
Mar 21, 2007 (newstodate): In 2006, Lufthansa Cargo's volumes of cargo and mail increased modestly by 1.3 percent to 1.76 million tonnes.
Sales increased by 3.5 percent, but the crucial parametre, yields, was down 0.4 percent, while traffic revenues increased by 3.6 per cent.
During the year fuel expenses climbed from 421 million euros in 2005 to 497 million euros, and the company's results were also influenced by out-of-court settlement of alleged price-fixing that cost Lufthansa Cargo 85 million US dollars in the U.S. and 5.3 million US dollars in Canada.
Summing up, the company posted an operating profit of 81.5 million euros in fiscal 2006 against 108.2 million euros in 2005.
Sales increased by 3.5 percent, but the crucial parametre, yields, was down 0.4 percent, while traffic revenues increased by 3.6 per cent.
During the year fuel expenses climbed from 421 million euros in 2005 to 497 million euros, and the company's results were also influenced by out-of-court settlement of alleged price-fixing that cost Lufthansa Cargo 85 million US dollars in the U.S. and 5.3 million US dollars in Canada.
Summing up, the company posted an operating profit of 81.5 million euros in fiscal 2006 against 108.2 million euros in 2005.