The Lufthansa Group reported strong financial results for 2024, particularly from its logistics segment, which saw a revenue increase of 10% to 3.26 billion euros, and a notable operating profit of 251 million euros. CEO Ashwin Bhat discussed the success of their BOLD MOVES strategy, emphasizing innovation and collaboration, especially in e-commerce solutions and new route expansions. Despite market volatility, Lufthansa Cargo remains optimistic for 2025, focusing on sustainable growth and enhancing service quality while leveraging its global network and expertise in air freight.
Source: https://www.stattimes.com/air-cargo/our-magic-was-to-balance-demand-across-the-network-1354689