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
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Oman Air aims for the cloud with SmartKargo
Oman Air has chosen SmartKargo, providers of a 100 per cent cloud-based air cargo management solution, to power their cargo sales and operations, beginning June 2016. SmartKargo offers a robust set of tools for managing warehouse and ramp operations, accessible from any device with an Internet connection. And with a system “born on the cloud,” every partner in the Oman Air cargo chain will have instant access to shipment information. According to SmartKargo, there’s is the only cargo … [Read more...] about Oman Air aims for the cloud with SmartKargo
Cargolux appoints Janet Jiang new regional manager China
Cargolux Airlines International S.A. has appointed Janet Jiang as its new Regional Manager China effective from January 2016. Janet-Jiang Janet Jiang joined Cargolux in Shanghai in 2000 as sales and reservations officer and advanced to sales manager in 2004. In May 2008, she was appointed district manager Shanghai and took over the position of regional manager central and eastern China in December 2014. Her focus was initially exclusively on Cargolux’s activities and the airline’s … [Read more...] about Cargolux appoints Janet Jiang new regional manager China
Cargolux expands Brazil network with Rio de Janeiro
Cargolux Airlines International returns to Rio de Janeiro with a full freighter service starting 4 March 2016. The weekly flight departs Luxembourg for Rio de Janeiro before continuing to Viracopos and then returning to Europe. The return to Rio was driven by growing demand for pre-Olympic Games freight capacity between March and August. The Olympic Summer Games 2016 will take place from 5-21 August and shippers have already expressed interest in using the expertise of Cargolux for their … [Read more...] about Cargolux expands Brazil network with Rio de Janeiro
Cargolux China gets clearance for take off with US$77m injection
Cargolux’s planned China joint venture airline ‘Cargolux China’ is set to take to the skies in 2017 after the Cargolux Board of Directors approved an investment of US$ 77 million on Tuesday. The new all-cargo airline - which will focus on transpacific and intra-Asian routes with a planned fleet planned of five B747 freighters within the first three years of operation - will be based at Zhengzhou, Cargolux’s new hub in China. The investment represents a 35 per cent share in the new airline for … [Read more...] about Cargolux China gets clearance for take off with US$77m injection
LCGB does surprise about-face on labour agreement with Cargolux
The union representing employees at Cargolux have done an about-face on the principle agreement that had been reached on 1 December. Collective work agreement (CWA) talks between Cargolux management and the unions yesterday were cut short after LCGB (Confédération Luxembourgeoise des Syndicats Chrétiens) unexpectantly backtracked on the principle agreement, declaring that they considered the negotiations had failed as management was not prepared to accept their demands, Cargolux said in a … [Read more...] about LCGB does surprise about-face on labour agreement with Cargolux