Cargolux chief: 'I won’t drop prices to get tonnage' in a challenging 2019
“I expect 2019 to be rather more of a challenge,” said Richard Forson, chief executive and ...
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Luxembourg, December 2014 ? 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% 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 tons of freight, again more than in any other month in its ...
Comment on this article
Lucien Galano
December 16, 2014 at 3:57 pmGood Luck Cargolux, I hope that all these numbers, presented without comparison, are not just a marketing gimmick ..but the more I read them the more I get the impression this is just marketing crap. Or perhaps because it’s not clear without comparisons up to November. I do hope the classical error has not been made here by the fantastic new management … in other words 3 percent more tonnage does not necessarily mean more revenues, if costs increase by close to 9 percent in the form of more hours? And are we talking about the same number of aircraft in the fleet in November 13 versus November 14 – so this performance does not need 22 aircraft? ROI would be of interest to know now …good luck!