Cargolux swings to profit in 2013, announces management changes

Credit: Courtesy, Boeing
Luxembourg-based cargo carrier Cargolux reported a 2013 annual net profit of $8.4 million, reversed from a $35.1 million net loss in the year-ago period. “We don’t expect market conditions to improve significantly in 2014,” president and CEO Dirk Reich said in a statement. The company attributed the...

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