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www . lufthansagroup . com Based in Cologne , Germany , the Lufthansa Group ( comprised of

Lufthansa , Swiss , Austrian , and

Brussels Airlines ) fell from the fourth position in the Freight 50 , with a combined FTK of 9.46 bn . While this represents a 1.6 % increase in traffic , year-over-year , the carrier was forced down the list by drastic growth from other German freight company , DHL . According to Forbes , Lufthansa ’ s revenue and net profits ($ 41.5 bn and $ 2.78 bn , respectively ) in 2017 are both the highest reported by the company over a ten-year period .

cathay . com . tr

The Cathay Group ( composed of Cathay Pacific Airlines and Dragonair ) is headquartered in Hong Kong and its Cargo division accounts for 21 % of the airline ’ s total revenue . The company ’ s first dedicated cargo flight between Hong Kong , Frankfurt , and London , was established in 1981 , according to the official site . Now , Cathay Pacific ’ s Cargo Division services over 47 destinations worldwide . The carrier fell from the fourth position on the Freight 50 ranking , as its total FTK fell by 3.6 %, to 10.21 bn . According to Forbes , Cathay Pacific experienced a second year of unprofitability , although the airline ’ s asset portfolio reached a record high in 2017 , with a net value of $ 24.1bn . AUGUST 2018