Presentation
  Mission & Values
  Who's who
  History
   
     
     

Introducing Cargolux

Cargolux is one of the leading cargo airlines worldwide, operating scheduled and charter services on a network covering all continents. The company offers 35 years of experience and, today, ranks in 8th position worldwide, measured in tonne-kilometers flown. At European level Cargolux is currently the largest all-cargo airline.

Cargolux is an integrated transportation company, operating exclusively for freight forwarders. We use a fleet of 13 B747-400F pure freighter aircraft and 20 trucking contractors to move valuable and time-sensitive commodities on our worldwide network, covering over 90 destinations. Two additional B747-400 Freighters are on order for delivery in 2005 and 2006.

Our network links many of the world’s most important production centers of industrial, automotive and consumer goods through our hub in Luxembourg. We also specialize in the transportation of outsize shipments, perishable goods and live animals.

Flexibility is one of Cargolux’s strongest assets, and Cargolux successfully builds on long-term cooperation with its customers and well as other airlines on key markets. “At Cargolux, we continue to adapt our structures to grow in line with the global air freight market”, says Cargolux President and CEO, Ulrich Ogiermann. “We continue to accompany our customers on potential growth markets and reinforce our position at the crossroads of the major trade flows worldwide”.

Cargolux is a privately owned airline that has managed to remain profitable and to continue growing even in difficult economic times. Its shareholders are Luxair (34,9%), SAir Logistics (33,7%), Luxembourg financial institutions (31.1%) and a few independent shareholders (0,3%).

In 2004 Cargolux became a billion-dollar company for the first time in its history, when operating revenues exceeded US$ 1.2 Billion (full financial information is available in our Key Figures section). This success is due in part to the fact that we fly one of the most modern and energy-efficient single-aircraft fleets in the air freight sector, with one of the highest daily utilization rates in the industry. The Boeing B747-400F is also noted for its outstanding performances in terms of low noise emissions, to the benefit of the communities living around the airports to which we operate.

Over the years, innovative concepts and the constant drive for high-quality services have earned Cargolux a number of awards, including the “Best All-Cargo Airline” award that the company received for four consecutive years by the readers of the trade magazine Air Cargo News. Most recently the US magazine Air Transport World named Cargolux “Cargo Airline of the Year 2005”.