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Cargolux Announces Record Results For 2002

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  • Cargolux Announces Record Results For 2002

    Hi,
    Cargolux Airlines International S.A. announced at its annual press conference today that it registered record sales and operating profit in 2002. The operating profit increased by 150% to US$55.7 million, generating an operating margin of 6.9%. Net profit increased by 220% to US$49.3 million.



    Thanks

    Thomas_Cook_757-200

    Enjoy Every Moment

  • #2
    Yeah, the cargo business is neither affected by world politics, nor any wars or severe diseases.

    Regards,
    Peter

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    • #3
      That's great news.
      Cargolux didn't just make profit,w hich is difficult enough. They even made a new record.
      COngratulations for this in these bad times.
      Andy

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      • #4
        Finally a story about a airliner\cargo company making money

        Joe,
        | My Photos | My Profile |

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        • #5


          No seriously, with all these airliners near bankrupcy, its good to see an airliner doing well
          "The Director also sets the record straight on what would happen if oxygen masks were to drop from the ceiling: The passengers freak out with abandon, instead of continuing to chat amiably, as though lunch were being served, like they do on those in-flight safety videos."

          -- The LA Times, in a review of 'Flightplan'

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          • #6
            Yeah, Cargo seems to be the best aereal business these days, Tampa (www.tampacargo.com) Colombia also registered lots of profit, as well as LAS Cargo (www.lascargo.com). Hope this doesnt keep like this and the pax airlines also register profit

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