Cargolux considering more 747Fs on higher 2017 results

Last year at this time, the air cargo market had only just begun to recover from its protracted slump. The downturn hit cargo-focused airlines hard, and Luxembourg-based Cargolux was not immune. Even though Cargolux’s traffic rose by 10% in 2016, net profits fell from US$49 million the previous year, to just $5.5 million – not […]
  • Charles Kauffman
  • November 30, 2017