Record profits for Cargolux despite ‘global softening in market demand’

Cargolux enjoyed net profits after tax in 2018 of $211.2m – its best-ever result, despite only a 3% rise in block hours to 138,179.
Assuming the figures released in 2017 and 2018 are comparable, it meant a profit rise of 73%. 
While many airlines finished 2018 in a negative mode, after the highs of 2017, it was in fact a good year for the carriers, and volumes were far more stable throughout the year, a …

The post Record profits for Cargolux despite ‘global softening in market demand’ appeared first on The Loadstar.

Source: The Loadstar

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