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Cargolux soars to record year

Luxembourg-based Cargolux has reported that 2017 was the best year in its history, with a net profit after taxes reaching USD122.3 million, compared to USD5.5 million in 2016.

The freighter airline's worldwide market share grew to 4 percent. The carrier reported a 12.3 percent increase in freight tonne kilometres (FTK) flown, while its load factor also increased to 70.1 percent for the year.

For the first time in its history, Cargolux Group exceeded one million chargeable tonnes flown, as market demand and aircraft utilisation remained high throughout 2017.

 

www.cargolux.com

Heavy Lift | News

Cargolux calls at Incheon thumbnail image

Cargolux calls at Incheon

July 17 - Cargolux Italia has launched a Boeing 747 service between Milan Malpensa Airport, Italy and Incheon, South Korea.
Views: 591
ACS delivers in Niger thumbnail image

ACS delivers in Niger

July 12 - Air Charter Service (ACS) has arranged four Antonov AN-124 flights to transport nearly 400 tonnes of time sensitive components for a power plant in Niger.
Views: 1573

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