Latest news from Heavy Lift & Project Forwarding International Magazine

Cargolux performs above expectations

January 23 - Cargolux Airlines, Europe's largest all freighter operator, is anticipating that losses in 2012 will be lower than initially forecast.

It has been a turbulent time for the Luxembourg headquartered carrier - at the end of December the Luxembourg State re-acquired the 35 percent shareholding in Cargolux that it sold to Qatar Airways in 2011.

A spokesperson for Cargolux stated that the airline had budgeted for losses of approximately USD60 million, but was confident that actual losses for 2012 will be significantly below this figure.

Cargolux experienced a strong end to the year with a number of charter flights contributing to revenues generated by scheduled services. This has caused Cargolux to revise its 2012 losses downwards, according to the spokesperson.

Heavy Lift | News

Sims Crane appoints Lester thumbnail image

Sims Crane appoints Lester

July 19 - Florida’s Sims Crane & Equipment has named Jared Lester as its business development manager. 
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ITI and FHS to open Florida training centre thumbnail image

ITI and FHS to open Florida training centre

July 19 - Florida Handling Systems (FHS), a Mazzella Company, and Industrial Training International (ITI) have confirmed that they will develop a training centre in Bartow, Florida.
Views: 450

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