Cargolux begins tapping booming Chongqing
Cargolux Airlines International has begun twice weekly freighter service from Luxembourg to Chongqing.
July 15, 2012
Cargolux Airlines International has begun twice weekly freighter service from Luxembourg to Chongqing. Cargolux Airlines International has started a twice-weekly freighter service linking Luxembourg to the booming Chinese interior city of Chongqing. Schedules also take in stops at Doha, Sharjah, Baku, Singapore, Kuala Lumpur and Tbilisi. Over the last year Lufthansa, Cathay Pacific and Qantas have all started new freighter services to the thriving city of 32 million people, which has rapidly developed into a global center for the electronic, automotive, chemical and pharmaceutical industries. Cargolux reported a net loss of US$18.3 million in 2011, from a $59.8 million profit in 2010, with Asian volumes down by 15.4 per cent year-on-year. The carrier took delivery of the fourth of 13 B747-8 freighters on order in May, replacing a B747-400F as part of its fleet rollover program that will successively replace its existing B747-400F fleet.