Lufthansa Cargo significantly improved its business results in 2025 compared to the previous year: Revenue increased by four percent to 3.4 billion euros (previous year: 3.26 billion euros), the adjusted EBIT rose by 29 percent to 324 million euros (previous year: 251 million euros). The adjusted EBIT margin improved by 1.8 percentage points to 9.5 percent (previous year: 7.7 percent). Available freight capacity was also expanded in 2025: a total of 14.45 billion freight tonne kilometers (+ 5.4 percent) were offered. Sales increased by seven percent year-on-year to 9.1 billion freight tonne kilometers. The average load factor improved by 1.1 percentage points to 63 percent (previous year: 61.9 percent). Furthermore, quality measured in “delivery on time” increased by 5 percentage points compared to previous year.
In addition to generally stable market demand and continued strong performance in the Asian business during the reporting period, the BOLD MOVES corporate strategy significantly contributed to Lufthansa Cargo’s success in 2025. BOLD MOVES has been implemented since end 2023 with the goal of firmly re-establishing Lufthansa Cargo among the world’s top three cargo airlines by 2030, based on Revenue Freight Kilometers.
In the 2025 financial year, Lufthansa Cargo significantly expanded its global offering and advanced key strategic initiatives. Since June 2025, the company has been marketing the cargo capacities of ITA Airways; since the winter schedule, this includes nearly the entire continental and intercontinental network of the Italian airline — excluding routes to and from the U.S. and Canada until regulatory approval is granted. With Rome as the fifth hub, Lufthansa Cargo strengthens its presence in Southern Europe and will expand global belly hold capacity by around 20 percent in the long term.
Ashwin Bhat, CEO of Lufthansa Cargo, comments: “Being back among the top 5 global air freight providers already in 2025 is proof of the impact of our BOLD MOVES strategy and of the outstanding commitment and ambition of our team worldwide. We have taken decisive steps in a short period of time to continue improving quality, customer satisfaction, and efficiency at the same time - exactly where our customers experience the greatest value. In parallel, we are advancing our network in a targeted way: Our partnerships with ITA Airways and Swiss WorldCargo open additional opportunities for our customers. Both bring us closer to our goal of making Lufthansa Cargo one of the world’s top three air freight providers by 2030.”
Gregor Schleussner, CFO and CHRO of Lufthansa Cargo, adds: “Lufthansa Cargo grew by 7.3 percent last year - more than double the growth of the overall market, which stood at 3.4 percent. This development impressively underscores the quality, reliability and economic strength of our business model."
