Lufthansa Cargo improved its financial performance during the first half of 2026, supported by higher demand and expanded cargo capacity. Revenue increased by 16% to €1.92 billion from €1.65 billion in the same period last year. Adjusted EBIT rose by 47% to €199 million, compared with €135 million during the first half of 2025. The Adjusted EBIT margin improved to 10.4% from 8.2%, representing an increase of 2.2 percentage points. Financial indicator H1 2026 H1 2025 Change Revenue €1.92 billion €1.65 billion 16% Adjusted EBIT €199 million €135 million 47% Adjusted EBIT margin 10.4% 8.2% 2.2 percentage points   Cargo capacity and traffic increase Available cargo capacity increased by 5% to 7.21 billion freight tonne-kilometres. The expansion was mainly driven by additional belly capacity. This included the marketing of cargo space aboard ITA Airways flights. Traffic volume also increased by 5% to 4.6 billion freight tonne-kilometres. The average cargo load factor improved slightly to 63.8%, up 0.2 percentage points from the same period last year. “Alongside sustained strong market demand and continued robust business performance in Asia, we have continued our BOLD MOVES growth strategy,” said Gregor Schleussner, CFO and CHRO of Lufthansa Cargo. Schleussner said the air freight market remained affected by geopolitical uncertainty, rising costs, changing customer expectations and growing competitive pressure. Lufthansa Cargo targets global top-three position Lufthansa Cargo launched its BOLD MOVES strategy at the end of 2023. The programme aims to return the company to the world’s three largest cargo airlines by 2030, measured by freight tonne-kilometres. The strategy focuses on improving efficiency, expanding services and increasing the company’s ability to respond to changing market conditions. Frankfurt cargo hub reaches project milestone Lufthansa Cargo completed the ALPHA construction phase of its LCCevo infrastructure project at the end of June. The company