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Cargolux and Unilode further extend partnership - Monday 22 June 2020
Cargolux Airlines International and Unilode Aviation Solutions are proud to announce they have further extended their partnership. This new agreement broadens the scope of cooperation to ensure air cargo customers have access to premium transport and handling solutions to match their requirements.
In addition to the current provision of ULDs and related repair and maintenance services, Unilode and Cargolux are now going one step further in the digitalization process. After equipping its units with Bluetooth tracking tags, Unilode is also installing Bluetooth readers at all warehouses operated by its customers.
Cargolux financial results for 2019 - Wednesday 29 April 2020
After 2 years of exceptional growth, the industry once again entered turbulent times in 2019. On the eve of its 50th anniversary, in a challenging climate marked by a global economic slowdown, overcapacity and low yields, Cargolux still managed to outperform the industry average and close the year with a profit. The Cargolux Group (Cargolux) generated a positive net result of USD 20.2 million with an EBIT margin of 5.1% - despite unfavorable and volatile market conditions - a reflection of the company’s solid business strategy. At year-end, Cargolux’ Balance Sheet reflected stable financial ratios compared to the previous year and a further improvement in its cash position versus 2018.
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