The Cargolux Group, (Cargolux), achieved its best year on record in 2022:
- Revenues of US$ 5.1 billion, an increase of 14.7% over 2021.
- Profit After Tax of US$ 1.6 billion, an increase of 21.9% over 2021.
This financial result allows the further strengthening of the group’s Balance Sheet to enable the airline to remain resilient in weathering the expected volatility we expect in the industry.
Business highlights
Strong yields and high volumes during the first half of the year contributed to the company’s strong financial performance. A decline in demand in the second semester led to lower volumes and a virtual absence of peak season in 2022.
The market...
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