Lufthansa Cargo posts €50 million loss in 2016, evaluates 777F fleet

Credit: Rob Finlayson
Lufthansa Cargo (LHC) reported an adjusted EBIT loss of €50 million ($52.5 million) for 2016, reversed from a net profit of €74 million in 2015. Lufthansa Cargo chairman and CEO Peter Gerber told ATW he “wasn’t surprised” about the results. “The first six months of 2016 were extremely tough, but “we...

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