News / Cargolux profits plunged in 2019, but in 2020 terms, it may not be a bad result

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Cargolux’s annual financial results are usually awaited here at The Loadstar with real interest: either, in the dark old days, to see if it was going to survive, or more lately to use it as a bellwether for how cargo airlines – many of which don’t report detailed, if any, results – were faring.

Now, however, 2019 feels like a long time ago. So long in fact, it’s hard to remember if it was a good year or bad for air freight.

But ...