Cargolux reports record high net profits in ’18, fleet to expand

In spite of what it called “slower economic growth in the second half of the year,” all-cargo carrier Cargolux reported US$211.2 million after-tax consolidated net profit in 2018, which was a new record for the Luxembourg-based carrier. The higher net profit represented a 73% increase from the previous year’s net income of $122.3 million, even […]

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