Cargolux’s dual-hub strategy pays off

If Cargolux’s 2015 full-year results are a reliable indicator, the carrier’s much-debated dual hub strategy has paid off handsomely. In a year in which the cargo arms of many airlines struggled, Cargolux posted record volume and sharply increased profit, and continued to add freighters to its fleet. Cargolux is not publicly traded and does not publish […]

Cargolux looks back at 2015 and ahead to 2017

Luxembourg-based all-cargo carrier Cargolux spent much of 2015 locked in battle with one of its unions, but emerged from the year not only with labor peace finally achieved, but also reporting significant operational gains. Cargolux said cargo volume in 2015 was up 7.4% (well above the industry average) to 890,000 tonnes. How this volume increase […]

Cargolux China – the real story

Yesterday, as a “breaking news” sidebar in our story about the livery Cargolux used on a 747-8F to celebrate its forty-fifth anniversary, we cited a Reuters report that Cargolux was in negotiations with Boeing about the purchase of an additional five 747-8Fs for its “Cargolux China” joint venture airline. It may well be true that Cargolux […]

Crisis? What crisis?

It almost seems like there are two Luxembourg-based all-cargo carriers called Cargolux. For two years, the aviation media have been full of news about the Cargolux that was (or soon would be) in deep trouble. Bad strategic decisions, poor choice in the sale of a 35% share of the company, senior executives jumping ship, management at war with […]

Cargolux boosts Zhengzhou service

Cargolux added a fifth weekly frequency to its Luxembourg-Zhengzhou service. While there was much speculation that the route would be unprofitable when Cargolux launched it with two weekly frequencies in June, the carrier added a third frequency in early September and then a fourth in mid-October. In late November, Cargolux said that the total volume carried […]

Cargolux China? Not so fast…

Last week we reported that Cargolux CEO Dirk Reich, in discussing the potential launch of a joint-venture all-cargo airline in China with Henan Civil Aviation Development and Investment Company (HNCA, which owns 35% of Cargolux), had said the decision to launch the carrier had been made – that the question was not “if” but “when” […]

Cargolux close to launching “Cargolux China” jv

In a wide-ranging interview in CargoForwarder Global, Cargolux CEO Dirk Reich confirmed that the company is on track to launch a China-based joint-venture carrier. Those of you who followed the Cargolux saga last year may remember that one of the stipulations of the agreement that saw Henan Civil Aviation Development and Investment Company (HNCA) take […]

Cargolux launches Zhengzhou service

After two postponements,  Cargolux launched the much-anticipated service connecting Luxembourg with its new hub in Zhengzhou. Service launch was twice postponed due to regulatory issues in China, but Cargolux confirmed that the first flight departed from Luxembourg Findel Airport (LUX) at 20:00 on 14 June, arriving at Xinzheng Airport (CGO) in the central Chinese city […]
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