Record results by the cargo division pulled Deutsche Lufthansa AG to profit in the second quarter for the first time since the COVID crisis began, underscoring how moving goods has become increasingly important for passenger airlines as a hedge against travel downturns.
“The Lufthansa Group is back in the black,” CEO Carsten Spohr declared in a partial earnings release this week that showed a 393 million-euro ($399.6 million) operating profit.
Lufthansa Cargo, which operates 11 Boeing 777...
https://www.freightwaves.com/news/cargo-carries-lufthansa-group-to-1st-profit-since-pandemic