Cargolux China aims to establish a global network.
24 Mar 2016
Cargolux’s net profit surged in 2015, helped by cheaper fuel, but revenue shrank as low yields offset higher volumes.
25 Jan 2016
Cargolux bucked the downward trend in Europe’s air cargo market, boosting traffic by 7.4 percent in 2015 and unveiling plans to increase its freighter fleet.
20 Jan 2016
Cargolux is to invest $77 million in Cargolux China, a new joint venture carrier, scheduled to start operations in 2017.
17 Dec 2015
Cargolux has agreed to a new labor contract with its pilots, removing the threat of a strike at Europe’s largest all-cargo airline.
16 Dec 2015
A European Union court today overturned 790 million euros ($861 million) in fines against 11 airlines, including Air France-KLM and British Airways, for participating in a global cartel that fixed air freight rates.
05 May 2015
Freighter operator Cargolux has launched a new twice-weekly air service between Chicago and Zhengzhou, China.
30 Apr 2015
Cargolux’s net profit was squeezed to $3 million in 2014 from $8.4 million in 2013 by a $40 million impairment on its 747-400 freighter fleet and a provision for potential anti-trust fines.
05 Jan 2015
Cargolux management and the Luxembourg labor unions continue to be locked in a stalemate, unable to reach a collective work agreement (CWA) despite the carrier’s belief that it is key to ensuring the airline’s survival.
15 Dec 2014
Cargolux continued its robust performance in November, flying a record volume of freight and bucking the downward trend in the European air cargo market.
09 Dec 2014
Vietnam’s increasing role in the final assembly of products was evident in the October trade figures that showed Chinese exports to Vietnam soaring 52.6 percent year-over-year to $61 billion.
01 Dec 2014
DB Schenker, the logistics unit of Germany’s state-owned railroad company Deutsche Bahn, is seeking $2.6 billion in damages from 13 airlines that operated a global air cargo cartel.
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