Lufthansa Cargo increases its Q1 profit by 35% due to the tightening supply caused by the crisis in the Middle East.

Lufthansa Cargo excelled in Q1 2026, recording an Adjusted EBIT of €83 million, up from €62 million the previous year, marking a 35% improvement. The growth was driven by a 7% increase in cargo capacity and a 5% rise in sales to €876 million. Despite a 1.9% decrease in yields across most regions, a late-quarter market shift due to geopolitical events improved yield conditions. Operating expenses rose 3% to €813 million, influenced by higher flight costs, but unit costs fell by 4%. The outlook remains positive for 2026, buoyed by strong demand across key regions.