Full aircraft at Lufthansa Cargo - Cargo airline increases load factor after six months

Lufthansa Cargo has considerably decelerated the decline in tonnage in the second quarter of
the year. The company transported 0.8 per cent less cargo and mail in June than in the same
month in 2012. There was a 3.5% decline for the first half of 2013 as a whole. In a challenging
environment with weak demand and overcapacities in important air freight markets, Lufthansa
Cargo has succeeded in bucking the overall market trend by increasing the capacity utilisation of
its aircraft to a high level of 70.0 per cent. This has been made possible by flexible, demandoriented
capacity management.

“There are clear signs of the weak performance of the global economy in the level of demand”,
said Lufthansa Cargo CEO and Chairman of the Executive Board Karl Ulrich Garnadt in respect
of the half-year figures. “The recent withdrawals of a number of cargo airlines from the market
demonstrate the degree to which the air freight industry is struggling with this. Our strategy of
securing the profitability of our routes through high capacity utilisation is proving successful in
this environment.” At the same time, however, Garnadt announced that there will be further investment
in the quality of the freighter network. For example, new routes to the US, South America
and China are planned for the winter schedule. Lufthansa Cargo has already added the
Mexican city of Guadalajara, with two weekly connections there since March of this year, and the
airline has also slightly increased its offering in China again.