UPS to cut 20,000 jobs in network reconfiguration
And so it starts. UPS, while announcing a better-than-expected profit, also enthused investors with its ...
PRESS RELEASE
Luxembourg, 24 April 2024 – The Cargolux Group (Cargolux) generated a positive net result for its 2023 financial year despite challenging market conditions, a reflection of the company’s agility in changing market conditions. Cargolux generated:
Revenues of US$ 2,975 million. Profit After Tax of US$ 286 million.This financial result allows the further strengthening of the group’s Balance Sheet to enable the airline to remain resilient in weathering the expected volatility in the industry.
Business highlights
The first half of 2023 ...
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