Luxembourg / Washington, January 26, 2005 - AIR TRANSPORT WORLD
MAGAZINE, the monthly magazine covering the global air industry, has named
Luxembourg-based CARGOLUX Airlines International S.A. the “CARGO
AIRLINE OF THE YEAR 2005”. As ATW notes in its press release on the
2005 winners : “Cargolux belongs to the elite group of European network
carriers that have been profitable for the past five years “, adding that Cargolux
“understands that its home market isn’t the Grand-Duchy, nor even Europe, but
rather world trade itself”.
The award ceremony will take place in Washington DC on 22 February 2005.
“We are honoured and very proud to receive this distinction by Air Transport World”,
says CEO and President of Cargolux Uli Ogiermann. “This reward is a recognition of
the efforts delivered daily by our people worldwide and of our commitment to shape
our network and our operations to the specific needs of the markets. I also want to
thank our customers for this award. Their partnership with Cargolux made this
success possible “.
After 35 years of company history, Cargolux has become Europe’s largest all-cargo
carrier and established itself among the top ten cargo airlines worldwide. In 2004,
the company achieved its eleventh profitable year in a row. In 2004 Cargolux also
achieved an outstanding performance, as CEO Ulrich Ogiermann stated in a recent
interview with ATW : “It’s quite a substantial jump when you reach the 1 billion
USD revenue gap; it is the barrier that divides the smaller companies from the more
advanced companies. To remain profitable is a great achievement as well”.
A dedicated workforce of 1,300, many of whom having a long working record with
the company, a worldwide presence based on a sound network of destinations
implemented in the frame of a globalization-driven business orientation, a customer
philosophy that focuses on forwarders’ needs and a pure freighter fleet composed of
currently 13 Boeing 747-400F freighters, all these caracteristics join to make
Cargolux a premium and one of the most performing cargo airlines in the global cargo
worldwide business.