All Cargolux Articles – Page 6
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News
Union wants talks after Cargolux's record result
The LCGB union would like to enter into talks with Cargolux management after the airline announced record results which the trade body said was built on the back of staff working to their limits.Yesterday, the airline announced 2017 full year net profit after taxes reach $122.3m, compared with a prior ...
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NewsCargolux surges to $122m net profit in 2017
Cargolux Airlines saw 2017 full year net profit after taxes reach $122.3m, compared with a prior year $5.5m for the European freighter aircraft operator.For the first time in its history, the Cargolux Group exceeded one million chargeable tonnes flown, as FTKs increased by 12.3% in 2017 and the Luxembourg-based carrier's ...
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Cargolux renews GDP certification for pharma logistics
European freighter operator Cargolux Airlines has renewed its Good Distribution Practice (GDP) qualification for transporting pharmaceuticals after passing the its surveillance audit.Cargolux became the world’s first GDP certified airline in January 2014, confirming its compliance with European Union (EU) GDP and World Health Organisation (WHO) requirements for a consistent quality ...
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Cargolux 2025 - building flexibility and developing digitisation
Cargolux’s new strategic plan will concentrate on building a more flexible fleet whilst the carrier will also embark on a wholesale digitisation project.Speaking shortly after the Luxembourg-based carrier announced an “industry first” tie-up with Emirates SkyCargo, president and chief executive Richard Forson said the new strategic plan, named Cargolux 2025, ...
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Emirates-Cargolux partnership underway as new Luxembourg flight touches down
Emirates SkyCargo has flown its first scheduled weekly freighter service to Luxembourg as part of its new partnership with Cargolux.The Dubai-based airline's freighter operation between Luxembourg and Dubai World Central is one of the first steps in the implementation of the strategic operational partnership with Cargolux Airlines announced in May ...
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Emirates SkyCargo to target more products after Cargolux partnership
Emirates SkyCargo’s recent tie-up with Cargolux seemed to come from nowhere, but perhaps it should not have come as such a surprise given the two airlines’ long history of working together.Emirates divisional senior vice president, cargo, Nabil Sultan, tells Air Cargo News that the two companies first started working together ...
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Emirates and Cargolux sign cooperation deal
Emirates SkyCargo has signed a memorandum of understanding with Luxembourg-based Cargolux for a strategic operational partnership.Described as the first of its kind between a mainline airline and a specialised freighter operator, it will allow the two carriers to cooperate and offer their complementary strengths and shared values.The deal was signed ...
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Cargolux signs equity contract for launch of Henan Cargo Airlines
Cargolux has signed a joint venture equity contract to establish Henan Cargo Airlines, a freighter carrier which will operate under a Chinese air operator certificate (AOC), with the first revenue flight being planned for the fourth quarter of 2018.The Luxembourg-based cargo carrier said that 75% of the shares in Henan ...
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We’re staying in Singapore, says Cargolux
Cargolux has denied that it is to move one of its key Asian hubs from Singapore’s Changi airport to Batam Hang Nadim in Indonesia.Reports in the local press had suggested that a move to Batam, which lies just across the Straits of Singapore, was imminent, after the finalising of a ...
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NewsCargolux sees profits tumble despite traffic growth
Cargolux recorded improvements in cargo traffic and tonnes flown last year, but these increases failed to stop profits from declining by more than 80%.Figures released by the airline show that last year it registered a 9.2% improvement in traffic to 7.5bn tonne kms flown (FTK) compared with 2015, while total ...
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News
Former Cargolux chief Dirk Reich to join Panalpina
Panalpina is to appoint former Cargolux chief executive Dirk Reich as a new board member at its Annual General Meeting on May 3. He will succeed Roger Schmid, who will not stand for re-election.Reich, a dual Swiss and German national, sat on the management board of Kuehne + Nagel and, ...
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Cargolux goes full throttle with GEnx engines
Cargolux has became the first operator in the world to fly a million hours with GE’s new GEnx engine. The Luxembourg-all cargo has the engines fitted to its 747-8F freights, which went into service five and a half years ago.Described as “a giant leap forward in propulsion technology, using the ...
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Wood chopped as Cargolux goes greener with cardboard fibre substitute
Cargolux Airlines has signed an agreement with Trinkaus-Solutions to use its squAIR-timber product that results in more payload and lower aircraft fuel consumption.Cargolux said that it is the first airline worldwide to introduce the lightweight material in its operations, and currently uses it on all pharma shipments out of its ...
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Cargolux looks to add new African destinations
Cargolux is looking to add new destinations to its network in Africa and is hoping that demand to and from the continent will pick up this year after a tough 2016.The carrier’s regional director for Africa, Jonathan Clark, told Air Cargo News that the airline was looking to diversify its ...
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News
Cargolux passes GDP renewal audit
Cargolux Airlines has passed its Good Distribution Practice (GDP) renewal audit for handling pharma products to European Union regulatory requirements and of World Health Organization (WHO) guidelines.In addition, the GDP certification recognises the European all-cargo carrier’s fleet of Boeing 747 freighters with four independently-controlled temperature zones.The audit also extends to ...
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News
Cargolux joins Airlines for Europe
Cargolux has become the first all-cargo carrier to join the Airlines for Europe (A4E) association as the group reveals plans to launch a cargo working group.Cargolux chief executive Richard Forson said he looked forward to working with the group on aviation issues that are affected by regulations at a European ...
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Cargolux unions want answers over airline's future
Unions representing Cargolux workers are asking for answers from airline bosses about the company's long-term strategy following a recent interview given by its chief executive and rumours amongst staff.Yesterday, pilots union ALPL and the LCGB, which represents ground staff and other workers connected with the airline, held a press conference ...
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News
Japan and China's taste for wine fuels seasonal Cargolux flights
Cargolux has arranged four freighter flights for one of the French wine industries biggest annual events - the yearly Beaujolais Nouveau launch - as demand for the product grows in Japan and China.As this year’s vintage is made available for tasting worldwide on the third Tuesday in November, Cargolux Airlines ...
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Cargolux launches strategic review
Cargolux’s new president and chief executive has commissioned a strategic review of the European all-cargo airline, to establish whether the current business model is sustainable and also to position the carrier for the twist and turns of a volatile industry.Richard Forson, who took on the role in August this year ...
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Cargolux adds Oslo call
Cargolux has added a weekly Boeing 747-8 freighter service from Oslo to Luxembourg on its flight C85022 from New York.The first flight will carry a load of salmon that is distributed to various destinations from the airline’s hub in Luxembourg.The Oslo service caters to the airfreight needs of Norwegian shippers ...