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Lufthansa Cargo lifts base yields 14% in third quarter
Lufthansa Cargo reported a 14% year-on-year rise in base yields in the third quarter, with overall yields up 22% and adjusted EBIT more than tripling to €162m.
Lufthansa Cargo increased base yields by 14% year on year in the third quarter. Strong demand and constrained capacity supported pricing power, even as Middle Eastern airlines restored services.
Overall yields rose 22% as the carrier passed on higher fuel costs. Adjusted EBIT more than tripled to €162m ($182m), and the margin reached 15.6%, up from 6% a year earlier.
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