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 ...
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!