Lufthansa Cargo reported an EBIT of €482 million (US$492 million) for the second quarter ended June 30 2022—an increase of 48 per cent compared to Q22021 on demand for freight and average yields in the airfreight industry well above the pre-crisis level. “Momentum continues due to ongoing capacity shortages, and ~70 per cent of load originates outside of Germany,” stated the airline. F00or Q22022, traffic revenue increased 45 per cent to €1.2 billion (US$1.23 billion). While available CTKs increased by 20 per cent to 2.9 billion compared to 2.5 billion in Q22021, revenue cargo tonne kilometres was down marginally at 1.8 billion. Cargo load factor was down 13 pts at 60.2 In the first half, Lufthansa Cargo achieved a new record adjusted EBIT of €977 million (US$996 million) compared to €641 million (US$654 million) in H12021. Traffic revenue was up 46 per cent to €2.3 billion (US$2.3 billion). “On 9 May 2022, the Lufthansa Group decided to purchase three Boeing 777F cargo aircraft and seven Boeing 777-8F cargo aircraft. In addition, leases for two Boeing 777F cargo aircraft, which run until 2024, will be extended,” the carrier added.