Cargolux’s highly fluctuating full-year results took a turn for the better today when it announced a massive 2,123% rise in net profit for 2017, to $122.3m.
Calling last year “exceptional”, the carrier added that freight tonne km (FTKs) increased by 12.3%. It was the freighter operator’s best ever result.
Load factors reached more than 70% and the carrier said it flew more than 1m chargeable tonnes, claiming its marketshare edged up to 4%, maintaining …
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Source: The Loadstar
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