13-Jul-2010 10:33 AM

Lufthansa's cargo business booming: CFO

Lufthansa’s CFO Stephan Gemkow, stated the carrier is benefiting from a rising demand in goods to/from China (Reuters, 12-Jul-2010). Mr Gemkow also stated that “as far as a CFO can be optimistic, I am optimistic” for the carrier's 2Q2010 earnings.

Lufthansa: "The cargo business is currently absolutely booming. For the first time in over 10 years we are seeing not just strong imports out of China, but also strong exports to China." Stephan Gemkow, CFO of Lufthansa. Source: Reuters, 12-Jul-2010.