Lufthansa Cargo optimistic for the future after positive Q2
Lufthansa’s cargo business recorded improvements in revenues, profits and volumes in the second quarter as it benefited from higher rates. The airline group’s logistics segment, which includes Lufthansa Cargo, time:matters, Jettainer and an equity investment in AeroLogic, saw second-quarter revenues increase by 13% on last year to €766m, while earnings before interest and tax for […]
American Airlines Group Reports Second-Quarter 2018 Profit
“This was perhaps the most challenging quarter for the American team since our merger with US Airways in 2013,” said American’s Chairman and CEO Doug Parker. “We had an operational disruption at our PSA Airlines subsidiary that was extremely trying for our customers and our team members; higher fuel prices increased our expenses by more […]
