News / 'It needs to re-invent itself' – Champ Cargosystems loses ground

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Champ Cargosystems’ future remains in doubt, with observers pointing to falling staff numbers and customers – including its 49% shareholder, Cargolux.

The loss of much of Cargolux’s business has put a spotlight on the IT company’s future; last month, Cargolux CEO Richard Forson told The Loadstar the airline would always take priority over its shareholding in Champ.

“We insourced significant parts of IT that had been outsourced [to Champ] before. It was a significant move, made for the protection of data, but Champ ...