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Lufthansa Cargo Reports €162 Million Adjusted EBIT in Q3 2026

Lufthansa Cargo Reports €162 Million Adjusted EBIT in Q3 2026

Lufthansa Cargo reported €1.04 billion in third-quarter revenue, while cargo tonne kilometres rose to 2.55 billion.

FlyMarshall Newsroom1 min read

Photo: STAT Times Air Cargo

Lufthansa Cargo reported adjusted EBIT of €162 million for Q3 2026, compared with €49 million in Q3 2025. The company also reported higher revenue and cargo traffic for the quarter.

Key details

  • Revenue reached €1.04 billion, a 26% year-over-year increase.
  • Adjusted EBIT margin was 15.6%, compared with 6.0% a year earlier.
  • Available cargo tonne kilometres rose 5% to 4.01 billion. The company attributed most of the capacity increase to ITA Airways belly capacity.
  • Cargo shipped increased 7%, and cargo tonne kilometres rose 11% to 2.55 billion.
  • The cargo load factor increased 3 percentage points to 63.5%.
  • Lufthansa Cargo completed its acquisition of LUG aircargo handling GmbH after receiving antitrust approvals, making LUG a wholly owned subsidiary.
  • The company introduced an Emergency add-on service that gives critical shipments priority.

Lufthansa Cargo reported a 15.6% adjusted EBIT margin in Q3 2026, compared with 6.0% a year earlier.

Why it matters

Cargo tonne kilometres measure the weight of freight carried over distance, while available cargo tonne kilometres measure the capacity offered. The increase in both measures, alongside a higher load factor, shows that Lufthansa Cargo carried more freight while using a greater share of its offered capacity.

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