Cargolux posts $3 million profit for 2014

Credit: By Rob Finlayson
Luxemburg-based Cargolux has reported a 2014 profit of $3 million, down 64% from $8.4 million in 2013, despite a $40 million impairment on its Boeing 747-400F fleet and a provision for any potential anti-trust impact. “While the industry continued to suffer from overcapacity and noticeable pressure...

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