Lufthansa Cargo

Lufthansa Cargo significantly improves business results compared to previous year   ◾ Adjusted EBIT increases by 15 percent to 251 million euros ◾ Positive developments in capacity, load factor, average yield, unit costs, and EBIT margin ◾ Corporate strategy "BOLD MOVES" as a key success factor ◾ Innovative eCommerce solutions, flexible network planning, and capacity expansion contributed to revenue growth   We significantly improved our business results in 2024 compared to the previous year: Revenue increased by 10 percent to 3.26 billion euros (previous year: 2.98 billion euros), and adjusted EBIT rose by 15 percent to 251 million euros (previous year: 219 million euros). The adjusted EBIT margin improved by 0.3 percentage points to 7.7 percent (previous year: 7.4 percent). Available freight capacity was also expanded in 2024: a total of 13.7 billion freight tonne-kilometers (+9 percent) were offered last year. Sales increased by 14 percent year-on-year to 8.5 billion freight tonne-kilometers. The average load factor improved by 2.7 percentage points to 61.9 percent (previous year: 59.2 percent).   Looking at the entire year, a positive business development was already evident from mid-year. The fourth quarter, which alone accounted for 199 million euros of the adjusted EBIT in 2024, marked the best fourth quarter in our company's history outside of the years affected by the COVID-19 pandemic (2020 to 2022).   The new corporate strategy "BOLD MOVES", implemented since the beginning of 2024, contributed to our success in 2024. With a three-year horizon, it aims to firmly establish #LufthansaCargo among the top 5 leading cargo airlines worldwide. We focus on three main areas: improving quality, customer satisfaction, and cost efficiency, based on profitable and sustainable growth, as well as further developing the corporate culture. "We initiated and successfully implemented a variety of measures in 2024 to further enhance our quality and especially our customer satisfaction. At the same time, we are strongly focused on cost efficiency and productivity to mitigate increased location costs and inflation-related cost increases. This improves our competitiveness in a highly contested market," explains our CFO and CHRO Frank Bauer. Our CEO Ashwin Bhat comments: "Our 'BOLD MOVES' strategy proved crucial to Lufthansa Cargo's success in 2024. We were able to demonstrate two things last year: our speed of innovation focused on customer needs and our flexibility in quickly responding to market developments. Therefore, I am optimistic about 2025 – a year that will continue to be characterized by uncertainties and unpredictable events. With 'BOLD MOVES' and our employees, we are well-positioned to meet these challenges and successfully deliver on our mission #EnablingGlobalBusiness."   Read more: https://lnkd.in/ekwc6ji5

Stronger together: Expeditors honors Lufthansa Cargo with Global Air Carrier of the Year award!🏆✈️📦   We are thrilled to receive the prestigious Global Carrier of the Year award from Expeditors in recognition of our outstanding collaboration and commitment to excellence in global airfreight. This achievement is a testament to the strong partnership between #Expeditors and #LufthansaCargo, built on trust, innovation, and a shared vision for seamless logistics.   Our success is driven by great teamwork across multiple regions, ensuring a "glocal" approach - global reach with local expertise, as well as our strong network of freighter and belly capacities, and reliability, especially for temperature-controlled and express services.   As Karl Francisco, Senior Vice President Global Air at Expeditors, put it: “We are proud to recognize Lufthansa Cargo as the recipient of Expeditors’ 2024 Global Air Carrier of the Year Award. In a time of unprecedented market disruptions, Lufthansa Cargo’s commitment to alignment and availability remains a top priority. We are extremely grateful for their dedication and partnership, and we look forward to continuing our strong collaboration in the future.”   The award was presented by Karl Francisco to our Head of Global Markets Anand Kulkarni at an exclusive event in Hong Kong in February and further celebrated by our CEO Ashwin Bhat and the team of outstanding Key Account Managers.   A big thank you to our dedicated Key Account Managers Christina Jones for the Americas, Patricia Boogaard for Europe, Ping Ji (Connie) for Asia, and all colleagues involved who made this possible. Their hard work and commitment continue to drive our partnership forward.   And many thanks to all colleagues at Expeditors for this award and for celebrating the excellent partnership and great collaboration in #EnablingGlobalBusiness together.   Here's to an even stronger 2025! 🚀

Collaboration over competition: A big win for European air cargo at the IATA Hackathon!   What happens when competitors join forces? Innovation takes flight! ✈️   Cargolux Airlines, Air France KLM Martinair Cargo, and #LufthansaCargo – typically competitors – joined forces with IBS Software and Fraunhofer IML at the IATA ONE Record Hackathon. The result? In just 28 hours, two tangible solutions were developed, showcasing the power of unity and a shared vision to transform the air cargo industry.   One of the teams secured the Open Logistics Foundation Prize, proving that collaboration is the true engine of progress. This victory isn’t just about winning an award - it’s about shaping a more connected, efficient, and data-driven air cargo industry. The spirit of partnership among competing aircargo carriers demonstrated that when we come together, we move forward.   A huge shoutout to all participants, partners, innovators, and the International Air Transport Association (IATA) who made this possible!   #EnablingGlobalBusiness #OneRecord #IATAHackathon

Tel Aviv schedule returns with unmatched freighter frequency! Starting March 1st, our Tel Aviv schedule is back and better than ever! With seven weekly freighter frequencies, including three with our B777F via Cairo and four with our A321F, we're offering almost daily freighter service to and from Frankfurt, the heart of Europe. But that's not all! We offer twice daily belly capacity to and from Vienna, Munich, Frankfurt and once daily to and from Brussels! If you have any questions, contact our Head of Sales and Handling Israel Shaul Grimberg and his team! #EnablingGlobalBusiness #LufthansaCargo

Our pharma excellence worldwide ✈️🌍💊💉   Ready to navigate the world of pharma logistics with clarity?   #LufthansaCargo boasts over 30 certified pharma stations globally! With more than 200 stations offering Passive Temperature Support and 120+ stations equipped for Active Temperature Control, we're dedicated to keeping your pharmaceuticals safe and effective – all around the world.   Transparency is key, and our new map provides clear insights into each station's temperature capabilities, certifications, and infrastructure. Explore our extensive network and see why we're a leader in pharmaceutical logistics.   #EnablingGlobalBusiness 

Join our live webcast with Heike Woerner: Outlook on air cargo - Navigating a dynamic environment   📅 18 March 2025 ⏰ 11:00-11:30am (CET) 📍 Register here: https://lnkd.in/e5na_pk5   The air cargo business has always been known for its volatility, but we're currently flying through unprecented change, with geopolitical and economic uncertainties adding turbulence. To stay ahead, understanding these market dynamics is crucial, alongside the agility to adapt swiftly.   In this webcast, Heike C. Wörner, our Senior Director Business Development, will provide an expert view on the growth potential, challenges, and latest trends shaping the future of air freight.   Don't miss out on this chance to gain insights and strategies for staying resilient and adaptable in these dynamic times. Register now and secure your spot!   #EnablingGlobalBusiness #LufthansaCargo

你好 🇨🇳   We're happy to announce that our website now speaks Chinese!   Our eBooking and menu navigation are now available in Chinese, making it easier than ever for our Chinese-speaking customers to book and manage their shipments in their native language.   China is a key market for us, leading the way in digital adoption. We're proud to support efficiency with a more seamless and accessible website. With this milestone, #LufthansaCargo becomes the first European cargo airline to offer translated digital booking in Chinese.   Curious? Switch your language settings to Chinese and check it out.   Cheers to innovation and making life easier for our customers!   #EnablingGlobalBusiness 

Karibu and welcome in Nairobi! 🌍✈️ We're ready to welcome you on the first day at #TransportLogisticAfrica and #AirCargoAfrica taking place from February 19-21. You can find us at booth C-15 in the Sarit Expo Center, ready to talk about our flexible airfreight solutions, especially for temperature-controlled cargo. With a global network spanning 300 destinations in over 100 countries, we’ve got the world covered. Don’t miss our experts as they dive into some hot topics! Our Head of Commercial Middle, East Africa, South Asia & CIS, Hanno Burwitz, will be sharing insights on the panel "Facilitating trade within Africa: The importance of developing a multimodal roadmap" at 4 PM today, February 19. And tomorrow, February 20, our Head of Sales and Handling East Africa, Zlatko Zlatic, will tackle the big panel question: "Net zero by 2050, fact vs fiction" on stage. We’re excited to meet you, discuss the latest trends in airfreight, and explore how we can help your business soar. So come by, say hi, and let’s chat about the future of logistics! #EnablingGlobalBusiness #LufthansaCargo

Book Dangerous Goods online: faster, easier, and more efficient   Starting today, you can book Dangerous Goods (DGR) shipments online through our eBooking platform. This innovation streamlines your booking process, making it faster and easier without the need for prior requests or contacting our sales support.   Here's how it works: ✅ Make your booking online via eBooking including all necessary documentation like the Dangerous Goods Declaration where needed, and receive a preliminary confirmation. ✅ Once all checks are completed, receive your final booking confirmation. Done! This new feature is applicable to: ✅ Dangerous Goods for Cargo Aircraft Only (CAO) ✅ Dangerous Goods for Passenger Aircraft (PAX ok) ✅ Radioactive Commodities ✅ Passive Temp Support (DGR) For the remaining bookings, which are subject to regulatory restrictions, you can easily make arrangements via our DGR booking request form on our website via eServices or through our helpful sales teams. Discover more information here: https://lnkd.in/eenKbrdT   We are excited to offer this new service and make your DGR experience smoother than ever! #EnablingGlobalBusiness #LufthansaCargo

Love is in the Air! ✈️❤️   In containers and pallets, our hearts take flight, Each shipment a kiss through the starry night. Find somebody who loves you true, Like we love our freighters, through and through.   Our network spreads love without a hitch, From Europe’s heart to every niche. Happy Valentine's Day, with wings and cheer, From #LufthansaCargo, love’s pioneer! 💕   #EnablingGlobalBusiness