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For the second year running, Cargolux has registered an increase in net profit after tax while continuing its efforts to maintain an economically, socially, and environmentally sustainable business. Cargolux continued to consolidate its position as one of the leading cargo carriers in the industry.
The consolidated net profit after tax for 2018 amounted to 211.2 million USD, a significant achievement compared to 2017’s profit of 122.3 million USD. Despite a global softening in market demand in the second half of 2018, a shorter peak period compared to 2017, uncertainty regarding potential trade wars, geopolitical unrest and Brexit, Cargolux managed to improve on its performance compared to the previous year.
Increased demand for Cargolux’s transport...
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