Cargolux ushers in 50th business year with 2019 net profit

All-cargo carrier Cargolux reported a net profit of $20.2 million in 2019, on total revenues that were down 14.2% to $2.26 billion. The lower net profit represents a 90% decrease from the previous year’s net income of $211.2 million but is otherwise decent for a year that saw a 3.3% decline in overall cargo traffic, […]

Get Cargo Facts Premium for as low as $9 per week!

Start your free 1 week trial today for access to the latest industry news and trends.

Subscribe

*Option to choose between monthly and annual billing.

Get Latest Issue