Cargolux revenue increases 14.4pc
Source:transportweekly 2014-5-14 9:31:00
Luxembourg freight carrier Cargolux has increased revenues in 2013 by 14.4 per cent to EUR1.43 billion (US$1.98 billion), flying more than 900,000 tonne kilometres, according to Shipping Gazette.
Europe's largest scheduled all-cargo airline said its tonnage growth increased 16.7 per cent to 753,848 tonnes in 2013.
Its operational activity grew by 13,364 hours more than planned for 2013 supporting a net consolidated gain of EUR6 million.
From its fleet of 20 aircraft, including three new Boeing 747-8Fs in addition to a B747-400F and Boeing 747-400ERF, which were supposed to leave the fleet last year, the fleet recorded daily aircraft utilisation of 14:57 hours. The company's market share reached 3.5 per cent.