Logistics business segment


Revenue of EUR 2.8bn
Operating result of EUR 310m

Share of Group revenue 10.1 % (pie chart)

One of the largest
cargo airlines

  • All sales markets recovered in 2010, especially China and America.
  • Lufthansa Cargo was in a prime position to exploit the dynamic movement.
  • Strong traffic revenue drove revenue up by 43 per cent.
  • The operating result set a new record.
  • Innovations and partnerships resulted in higher productivity and customer loyalty.
  • Although the outlook remains bright, cost management is still an important topic.
Lufthansa Cargo aircraft at the airport (photo)

Key figures Logistics

 

 

2010

2009

Change in %

Revenue

€m

2,795

1,951

43.3

of which with companies of the Lufthansa Group

€m

25

23

8.7

Operating result

€m

310

–171

Adjusted operating margin

%

11.4

–8.0

19.4 pts

Segment result

€m

330

–152

EBITDA

€m

445

–28

CVA

€m

233

–264

 

Segment capital expenditure

€m

21

25

–16.0

Employees as of 31.12.

number

4,517

4,488

0.6

Average number of employees

number

4,469

4,568

–2.2

Freight and mail

thousand tonnes

1,795

1,519

18.2

Available cargo tonne-kilometres

millions

12,564

11,681

7.6

Revenue cargo tonne-kilometres

millions

8,905

7,425

19.9

Cargo load factor

%

70.9

63.6

7.3 pts

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