Cargolux reports record month
25 / 02 / 2015
Cargolux achieved its "best ever" October with a record performance in tonnage, revenues and block hours.
Compared to the same month in 2013, the European all cargo airline saw actual tonnage grow by 6.7%, while commercial net revenues rose by 9.9%.
The Luxembourg-based carrier stated: "It is a strong indication of an improvement in the quality of revenue and makes October 2014 the second best month in the company’s history after the record-breaking month of November 2013."
Cargolux added that it continues to achieve the "highest daily utilisation of all users of the 747-8F," with over 16 hours per day in October.
The airline’s combined fleet of 11 B747-8Fs and 11 B747-400Fs operated 9,379 block hours during the month and flew 1,672 flights on its worldwide network.
For November 2014, Cargolux expects to "substantially improve" on the October results with more than 10,000 block hours flown in a single month for the first time and a further increase in tonnage and revenues.
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