Cargolux 2013 results: a year of operational and financial improvement

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Luxembourg, April 30, 2014. – In today’s Annual General Meeting, the shareholders of Cargolux Airlines International S.A. approved the audited financial statements for the financial year ended December 31, 2013.
2013 Highlights
␣    Cargolux earned a full year net profit of US$ 8.4 million compared to US$ 35.1 million net loss in 2012;
␣    Total revenues rose 14.4% to US$ 1,988.5 million from US$ 1,738.9 million in 2012.
Key Performance Indicators:

Tonnes sold increased 16.7% to 753,848 from 645,759 in 2012; Average load factor softened 0.9 percentage points to 67.7%; FTK strengthened to 5.7 million compared to 4.8 million in 2012; Daily aircraft utilization stood at 14:57 block hours versus 15:07 in 2012.