CARGOLUX CONSIDERING MORE 747FS ON STRONG 2017 RESULTS

摘要

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 much, but at least better than the full-year net loss the company had expected. But, with the strong growth in air freight demand continuing through 2017, Cargolux is now expecting a full-year profit in the range of $100 million, and, according to a report in Luxemburger Wort, is now considering the addition of more 747Fs.