Frankfurt - In 2017, Lufthansa Cargo left the crisis behind and started the new financial year with growth plans. Division chief Peter Gerber reduced losses by cutting 800 jobs and decided to invest in the fleet.

Demand from Asia keeps Lufthansa Cargo, and partner ANA Cargo busy. As of the end of January, Lufthansa Cargo increased its flight frequency to Osaka by two weekly round flights.

The high freight rates, which we had in November and December last year, will probably not repeat for the time being. If we look at the next three months, I would say the business is going well,
said Gerber.

The head of the Lufthansa cargo even sees scope for investment in new aircraft. Lufthansa Cargo is in contact with the manufacturers, but so far has not found an ideal successor to the MD-11F.

Lufthansa Cargo currently uses twelve MD-11Fs and five Boeing 777Fs. The MD-11F is expected to leave the fleet by 2024.

Gerber expects Boeing to reveal a cargo version of the 777X in five to six years.

Airbus has not yet decided whether to close the gap between 777X and A350-900F. We don't know what Airbus plans to do,
Gerber said.

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