Cargolux bans transport of disposable vapes from all flights
Cargolux has banned the transport of disposable electronic cigarettes, or vapes, on all its flights. The ...
Cargolux is set to receive three 747-400ERFs during the next quarter, coming off lease from ASL Belgium, which is restructuring its fleet.
“There will be three Boeing 747-400ERF freighters joining our fleet in mid 2019,” confirmed a Cargolux spokeswoman.
She added that the aircraft would not necessarily create additional capacity.
“These aircraft will support the fleet requirements, as we have periods of several D-checks coming up, including the first D-checks on one of our 747-8Fs,” she added.
D checks can take two months to complete, and carriers tend to plan for this maintenance requirement years in advance. Costs are generally between $4m and $6m. Cargolux has 14 747-8Fs.
Happily, the carrier is expected to announce record results for 2018 by the end of this month.
In 2017, it saw a 2,123% profit rise to $122.3m, and chief executive Richard Forson told The Loadstar last year its 2018 full year profits “will be higher”.
The carrier said it was building cash reserves in a bid to ensure stability in the event of any recession or downturn.
ASL Belgium, meanwhile, is restructuring its leased fleet. European investor Star Capital acquired 51% of the former TNT Airways in February after Belgian shipping group Compagnie Maritime Belge stepped away.
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