cargolux

Cargolux to start Chongqing services

Cargolux is to launch twice weekly scheduled flights to Chongqing from mid-May. The inaugural service operates on 14 May from Luxembourg via Doha and Sharjah to arrive at Chongqing’s Jianbai International Airport in the late evening of 15 May. The aircraft will return to Luxembourg via Singapore, Kuala Lumpur and Baku on 16 May. The second weekly service will commence on 17 May, routed via Tbilisi, Baku and Singapore and ... [+]

Losses at Cargolux

All-cargo carrier Cargolux – 35% owned by since June last year - made a net loss of US$ 18.3 million compared to a US$ 59.8 million profit in 2010. Chairman Albert Wildgen said it was difficult to pinpoint one specific reason. Factors included excess capacity in the market, steadily ... [+]