European cargo giants report falls

13/10/2008
European cargo giants Lufthansa and Air France-KLM, the region’s biggest scheduled air cargo carriers, say freight traffic in September was down thanks to slower business on their Americas and Asia-Pacific routes.

Lufthansa Cargo volumes fell 6.2 per cent to 143,000 metric tons. Revenue fell by 5.9 per cent and load factor was 5.8 points lower at 63.6 per cent.
Air France-KLM reported cargo traffic fell 12.2 per cent from a year ago and load factor sank 6.3 points to 61.1 per cent.

British Airways said cargo traffic, measured in ton-kilometres, fell by 3.5 per cent in September.