Cargolux posts $465 million profit after tax in its 55th year

The Cargolux Group reported a positive financial performance for the 2025 financial year, with revenues of $3,406 million and a profit after tax of $465 million. The Luxembourg-based carrier said the results strengthened its balance sheet and supported resilience amid a volatile global market environment.

“The past year marked a milestone for the airline as we celebrated 55 years of business in a demanding and highly complex industry. The results we achieved this year not only reflect the hard work delivered in 2025; they highlight the legacy of dedication to high standards and passion that are the core of Cargolux’s DNA," says Richard Forson, President and CEO of Cargolux.

The air cargo sector in 2025 operated under pressure from geopolitical tensions, trade disputes, and airspace restrictions linked to conflicts in the Middle East and Ukraine. Demand was supported by e-commerce and specialised cargo segments, but shifting trade routes and operational constraints impacted global logistics networks.

Cargolux said it adjusted to market conditions by optimising its network and expanding charter operations. This approach enabled the airline to maintain operational performance and deliver a positive financial outcome despite market volatility. The company ranked tenth among the top 20 cargo carriers by international scheduled freight tonne kilometres, according to International Air Transport Association rankings.

Operational data for 2025 showed total block hours of 149,269 hours and 21,789 flight cycles. Aircraft utilisation averaged 13 hours and 37 minutes per day. The load factor stood at 65.0 per cent, while total tonnes sold reached 1,092,731 tonnes.

Looking ahead to 2026, the company indicated that forecasting remains difficult due to continued geopolitical uncertainty and macroeconomic risks. Ongoing conflict in the Middle East has already affected operations by increasing fuel costs and raising concerns over supply. The airline also noted uncertainty around e-commerce demand, alongside regulatory changes such as tariffs and handling fees on low-value shipments that may affect trade flows.

Cargolux said European carriers face growing compliance requirements related to environmental and reporting standards. It called for coordination between authorities and industry stakeholders to ensure competitive parity with global operators.

The company stated it will continue to monitor market developments and adjust operations in response to demand fluctuations. It aims to sustain service delivery through operational flexibility and financial resilience.

Cargolux Airlines International operates a fleet of Boeing 747 freighters and has Boeing 777-8F aircraft on order as part of its fleet renewal strategy. The airline serves more than 50 destinations and maintains a global network supported by offices in over 50 countries and trucking links to more than 250 destinations. The group also operates aerial firefighting services through its Aquarius unit and employs close to 4,000 staff worldwide.