“Cargolux achieved exceptional financial results in 2018 despite slower economic growth in the second half of the year," said Cargolux chief executive and president Richard Forson. “Strong focus on the management of our capacity and yields, increased demand for specialised shipments, a record year for our charter division and the diversification into offering ACMI solutions all contributed to the performance achieved. Our employees demonstrated once again that hard work, dedication, and expertise are at the heart of our company’s success and sustainability.”
Looking to the year ahead, a Cargolux statement added: “Many uncertainties lie ahead for the air cargo industry; trade wars, Brexit, and economic downturn, should they arise, will adversely affect our activities. We are however determined to remain resilient and flexible to adapt our offerings and maintain an economically, socially, and environmentally sustainable business.”