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Lufthansa to boost freight volumes this year

Airline targets 5% hike, vs projected industrywide gain of 2.9%

Stiff target: The tough market means Lufthansa's goal of posting a record cargo profit by 2015 may be hard to reach. - PHOTO: BLOOMBERG

[FRANKFURT] Deutsche Lufthansa AG, Europe's second-largest airline, said it plans to increase freight volumes faster than rivals this year as bigger planes join the fleet and some carriers cease competing as fiercely. Lufthansa aims to boost volumes 5 per cent, versus a projected industrywide