Best year in history for Cargolux Group

2017 proved to be an exceptional year for Cargolux Airlines. Net profit after taxes for 2017 totaled US$ 122.3 million (compared to US$ 5.5 million in 2016) whilst FTKs increased by 12.3%. Consequently the load factor of the airline increased to 70.1% for the year. For the first time in its history the Cargolux Group exceeded 1 million chargeable tonnes flown. Its worldwide market share grew to reach 4% and it ranks as the 6th largest airline in respect of international scheduled freight operations.

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About Cargolux Airlines International

Cargolux, based in Luxembourg, is Europe’s leading all-cargo airline operating a fleet of 30 Boeing 747-8 freighters and Boeing 747-400 freighters. As a future-geared airline, Cargolux also has 10 efficient Boeing 777-8F on order to replace its ageing 747-400 aircraft. The Cargolux worldwide network covers over 75 destinations on scheduled all-cargo flights and offers full and part-charter services. The company has more than 85 offices in over 50 countries and operates an extensive global trucking network to more than 250 destinations. With over 50 years of experience in the air cargo industry and an extensive product portfolio, Cargolux provides tailored transport solutions for all types of shipments. The Cargolux Group also offers aerial firefighting services through its dedicated unit Aquarius Aerial Firefighting. As a responsible cargo carrier, Cargolux has developed a solid Sustainability program encompassing Environmental, Social, and Governance principles. The Cargolux Group employs close to 2,500 staff members worldwide.

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