All Cargolux Articles – Page 3
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NewsAir Cargo News Awards winners revealed
Andy Cornwell of American Airlines Cargo picks up the Cargo Airline of the Year Award from award sponsor FlyUs Aviation Group's James Gidlow and host Julia Hartley-BrewerA total of 14 companies walked away with a prestigious Air Cargo News Award last night at a glittering ceremony in the UK.The ...
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NewsCargolux's profits reach a record high in 2020
Cargolux last year recorded record profits as the loss of bellyhold operations boosted demand for all-cargo aircraft.The freighter operator, which last year celebrated its 50th anniversary, achieved a 3745% year on year increase in net profits to $768.7m. Its previous record was $211.2m in 2018.Cargolux also recorded revenues of $3.17bn ...
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NewsGerman airfreight market registers 22% decline in 2020
Last year, in the wake of the coronavirus pandemic, global airfreight traffic fell by 10.6% year on year, according to IATA; this is the biggest decline since records began in 1990.But how did the year go for market participants in Germany? How did the top 10 airfreight forwarders and airlines ...
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NewsDB Schenker takes aim at pharma and ramps up Cargolux freighter partnership
DB Schenker is setting up a new healthcare service portfolio called DB SCHENKERlife+ and has also joined up with Cargolux to launch a weekly full charter freighter connection between Luxembourg and Indianapolis, starting in January 2021.Cargolux’s initial service between its home base in Luxembourg and the Indiana capital was inaugurated ...
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NewsCargolux renews with Siginon at JKIA
Cargolux has renewed its ground handling contract with Siginon Aviation at Nairobi’s Jomo Kenyatta International Airport (JKIA).The renewal of the handling deal on an open ended basis marks the continuation of a 20-year old business partnership between the two companies.Siginon Aviation is based in Kenya with two cargo centers in ...
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Cargolux looking ‘very closely’ at 777-300ER freighter conversion
Cargolux is examining the Boeing 777-300ER freighter conversion programme as a candidate to meet its future fleet requirements, according to the airline’s chief executive Richard Forson.The European cargo operator – whose fleet of 30 747s were all line-built freighters – is considering two scenarios for future aircraft orders, Forson explained ...
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NewsCargolux expands in China with Shenzhen frequency
Cargolux has added Shenzhen to its network as it looks to strengthen its presence in China.The freighter operator said the weekly frequency is routed Luxembourg-Bangkok-Shenzhen before returning westbound to Luxembourg via Bangkok with an additional stopover in Budapest.Shenzhen is Cargolux’s sixth destination in mainland China."Shenzhen is China’s fourth busiest and ...
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NewsCargolux paints surgical mask on nose of B747-8F
Cargolux has updated the livery of one of its Boeing 747-8 freighters to include a surgical mask on the nose door.The paint scheme is intended to highlight the "airline’s commitment to the fight against Covid-19", Cargolux stated.It also features the words “not without my mask” on the side of the ...
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NewsCargolux and FedEx operate aid flights to Beirut
Cargolux and FedEx have conducted aid flights carrying supplies for Beirut as the city continues to recover from the deadly blast that happened earlier this month.FedEx picked up $11m worth of medicines, medical supplies and personal protective equipment from the headquarters of charity Direct Relief in Santa Barbara, which was ...
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NewsCargolux marks 50-year anniversary with retro-branded aircraft
Cargolux is celebrating 50 years' of operations by carrying out a special flight with one of its Boeing 747-400ERF freighters.The aircraft (LX-NCL) sports retro livery, inspired by the design that Cargolux’s first airplanes bore in the 1970s, which combines "vintage visual with the iconic lines of the jumbo jet".The aircraft ...
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Cargolux and Unilode enhance ULD tracking capabilities
Unilode and Cargolux will install Bluetooth readers at cargo warehouses in order to increase visibility of ULD and create efficiencies.Unilode, which provides ULDs to Cargolux along with related repair and maintenance services, said that the readers will provide "further transparency and enhanced tracking for shipments".Franco Nanna, Cargolux director global logistics ...
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NewsCargolux revenues and profits take a hit in 2019
In its full-year results for 2019, Cargolux revealed that revenues decreased 14% year on year, from $2.6bn in 2018 to $2.4bn in 2019.Cargolux said this was due to lower load factors and yields coupled with lower fuel surcharge revenues as a result of declines in the price of fuel.Meanwhile, earning ...
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NewsDSV sees German airfreight volumes take a hit
In 2019, the airfreight division of Denmark-headquartered freight forwarding DSV lost around one third of its German airfreight export cargo compared to the previous year, writes Oliver Link from Air Cargo News' sister title DVZ.The IATA CASS figures show that DSV Air & Sea suffered by far the greatest loss ...
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NewsLuxembourg Airport to develop cargo community system
Participants in the Luxembourg CCS projectLuxembourg Airport has selected Nallian to implement a cargo community system (CCS) in order to offer a neutral data sharing platform for businesses based at the hub.The airport said that the CCS represented an important component of the Luxembourg Single Window for Logistics programme and ...
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NewsPICTURE SPECIAL: Cargolux celebrates 50th anniversary
All-cargo carrier Cargolux is celebrating 50 years of operations which, since its establishment in 1970 (see images below), have seen it expand to become one of the leading freight-only operators in Europe and seventh on IATA’s global ranking based on international scheduled FTKs.In a statement, the airline explained: "Exactly half ...
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NewsCargolux, Lufthansa and DSV Panalpina increase China freighter services
Cargolux B747-8FCargolux, Lufthansa and DSV Panalpina will increase freighter capacity to China over the coming weeks as production lines resume operations.The move comes as freighter operators brace for a spike in demand from China as a result of passenger airlines cutting services due to low demand and factories slowly starting ...
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Air cargo still assessing the impact of coronavirus
The impact of the coronavirus on the air cargo industry is still uncertain, with demand under pressure but some expectations of an eventual surge in volumes.The coronavirus has now killed more than 560 in China, while there have been more than 28,000 confirmed cases.Many of China’s provinces have extended the ...
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Cargolux renews pharma GDP certification
Cargolux Airlines has successfully passed its GDP (good distribution practice) renewal audit covering its pharma handling processes.The full re-certification attests that the company’s management system fulfils the requirements of the European Union directive ‘Guidelines on Good Distribution Practice of Medicinal Products for Human Use’ and of WHO guidelines.Franco Nanna, Cargolux ...
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Cargolux and Atlas Air predict a subdued airfreight market in 2020
The cargo freight market is likely to remain weak this year, industry leaders believe, as it remains hampered by overcapacity and weak growth in several regions around the world.“We see 2020 not improving significantly… There will be some capacity coming out of the market, so there is some balance coming, ...
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Cargolux renews Cargo iQ certification
Cargolux Airlines has renewed its Cargo iQ audit certification for the next three years.Cargo iQ is comprised of airlines (including Cargolux) and forwarders, and it aims to improve the cargo-handling processes, from shipper to consignee. Its objective is to implement standards- and data-backed processes throughout the industry.Cargolux said its Cargo ...