Cargolux grows volumes and revenue

IN LINE with the upward trend in the air cargo industry which achieved an increase of about 13% in 2004, Cargolux registered a satisfying financial performance despite the high fuel prices. The Luxembourg-based all cargo company recorded a 26.4% increase in revenue to US$ 1.2 billion, passing the one billion mark for the first time in its history. In 2004, Cargolux carried 595 019 tonnes of freight, 17.3% more than in 2003.