CARGOLUX
CARGOLUX had US$20m net profit for 2019 (vs US$211m in 2018) on 14.2% higher revenues; block hours fell 0.7%. It ended year with 11 747-400Fs, five 747-400ERFs and four 747-8Fs, and recorded impairment of US$47.6m in respect of its 747-400s.
Subscription Required
CARGOLUX is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.