The Cargolux Group has ended the financial year (and 45th anniversary year) defying an environment of low yields, continued overcapacity and declining volumes, with record levels of tonnage, block hours and crucially, a net profit after tax of US$49 million. The company outperformed not only the market, but also its direct competitors in Europe who, in a number of cases, retired freighters or reduced their air cargo activities. “It is a sign of our company’s strength that, despite the energy … [Read more...] about Dual hub strategy pays off for Cargolux
Cargolux Italia
Cargolux Italia steps up Zhengzhou flights
Cargolux Italia has introduced a second weekly flight between Milan and Cargolux’s Chinese hub Zhengzhou via Novosibirsk, in October. When Cargolux Italia introduced the first Zhengzhou flight in June, it also marked the first commercial Cargolux service to Russia. Cargolux Italia’s two weekend flights offer shippers a fast and convenient possibility to move their weekday production overseas. From Zhengzhou, shippers take advantage of Cargolux’s extensive trucking system to forward goods to … [Read more...] about Cargolux Italia steps up Zhengzhou flights
Cargolux Italia in partnership with Japan’s NCA
Cargolux Italia and Nippon Cargo Airlines (NCA) have entered into a partnership agreement for codeshare cargo flights from Milan Malpensa Airport to Kansai International Airport and from Malpensa to Narita International Airport, subject to approvals from the aviation authorities. The cooperation between Cargolux Italia and NCA and represents an improved offering on the routes between Italy and Japan that also include two weekly flights from Milan Malpensa to Osaka and four weekly flights from … [Read more...] about Cargolux Italia in partnership with Japan’s NCA
Cargolux Italia in partnership with Japan's NCA
Cargolux Italia and Nippon Cargo Airlines (NCA) have entered into a partnership agreement for codeshare cargo flights from Milan Malpensa Airport to Kansai International Airport and from Malpensa to Narita International Airport, subject to approvals from the aviation authorities. The cooperation between Cargolux Italia and NCA and represents an improved offering on the routes between Italy and Japan that also include two weekly flights from Milan Malpensa to Osaka and four weekly flights from … [Read more...] about Cargolux Italia in partnership with Japan's NCA
EUROPE & CIS: Cargolux Italia begins HK services
Cargolux Italia has launched its first flights after getting approval to start operations from the Italian civil aviation authority and will initially operate one B747-400 freighter, on a twice-weekly Hong Kong and Milan service. It will also call at Dubai eastbound and Baku westbound. It has appointed parent company Cargolux Airlines International as its worldwide general sales and services agent and Hactl as its handling agent in Hong Kong. … [Read more...] about EUROPE & CIS: Cargolux Italia begins HK services
EUROPE & CIS: Cargolux Italia begins HK services
Cargolux Italia has launched its first flights after getting approval to start operations from the Italian civil aviation authority and will initially operate one B747-400 freighter, on a twice-weekly Hong Kong and Milan service. It will also call at Dubai eastbound and Baku westbound. It has appointed parent company Cargolux Airlines International as its worldwide general sales and services agent and Hactl as its handling agent in Hong Kong. … [Read more...] about EUROPE & CIS: Cargolux Italia begins HK services