Despite what it described as a difficult overall market situation, Cargolux Airlines International S.A. ended 2014 on a positive note. "While the industry continued to suffer from overcapacity and noticeable pressure on yields, Cargolux benefited from a very strong last quarter in 2014. Combined with a rapidly declining oil price, the airline achieved record levels of block hours and tonnages while enjoying a welcome increase in yields,” it said. This enabled Cargolux to complete the … [Read more...] about Cargolux posts upbeat 2014 results
Cargolux
Cargolux imposes ban on lithium ion batteries
Cargolux Airlines has announced a temporarily ban on the transport of lithium ion battery (UN3480) shipments starting on 1 May 2015. The decision comes after reviewing new information released by the FAA, Boeing and ICAO regarding the effectiveness of the on-board fire extinguishing systems in case of lithium ion battery fires and the temperatures that such fires can develop. This ban does not apply to lithium ion batteries packed with or contained in equipment (UN 3481). With this … [Read more...] about Cargolux imposes ban on lithium ion batteries
Cargolux starts direct Bahrain flights
Bahrain Airport Company (BAC), the managing body and operator of Bahrain International Airport (BIA), recently welcomed Cargolux Airlines into the Kingdom of Bahrain. Marking its first landing at Bahrain International Airport on 5th March 2015, this new entrant marks BIA’s 15th cargo airline and signifies a remarkable new addition to the airport’s expanding portfolio. In celebration of this milestone event, an inauguration ceremony was held at BIA on the day in attendance of … [Read more...] about Cargolux starts direct Bahrain flights
DB Schenker settles with three airlines
Deutsche Bahn (DB) AG issued the following statement in connection with a Wall Street Journal report about the air cargo cartel litigation brought by its logistics subsidiary, Schenker AG: “Deutsche Bahn can confirm that its logistics subsidiary, Schenker AG, has dismissed its claims against Nippon Cargo, SAS and Cargolux in the air cargo cartel lawsuit brought in the Eastern District of New York. Schenker will continue to pursue its claims against other air carriers and seek … [Read more...] about DB Schenker settles with three airlines
Cargolux operates 747-8F flights to Manaus
Cargolux introduces its advanced Boeing 747-8 freighter on its regular cargo services to Manaus and becomes the first airline worldwide to operate the aircraft to the Brazilian airport. Cargolux offers fast air cargo services to Manaus since 2012 and operated its first 747-8F flight to Brazil in June 2013 after the Luxembourg carrier’s quest for clearance and approval of Brazilian airports for 747-8 operations was given the green light by the Brazilian authorities. “Our new … [Read more...] about Cargolux operates 747-8F flights to Manaus
Cargolux achieves all-time record performance
Cargolux has achieved an all-time record performance in block hours, cycles and tonnage during November 2014. Block hours have exceeded 10,000 hours a month for the first time in the company’s history and reached 10,224 hours, 8.7 per cent higher than in November 2013. The Cargolux fleet of 22 747-8F and 747-400F flew 1,766 cycles, another all- time high for the airline. During November, Cargolux carried 76,504 tonnes of freight, again more than in any other month in its history … [Read more...] about Cargolux achieves all-time record performance