Cargolux has made its own personal history by moving up to 6th place in international scheduled FTKs for the International Air Transport Association's (IATA) data and analysis ranking of the Top 25 cargo carriers for April 2016.
The latest IATA ranking showed that the Luxembourg cargo carrier surpassed Korean Air and FedEx with the Group registering a scheduled traffic volume growth of 11.5%. The Gulf carriers still lead the field with 7.9% growth and Emirates, with a market share of 6.9%, remains in first place, followed by Catahy Pacific and Lufthansa.
Cargolux achieved a load factor of 66.6% in April and with that, the airline is moving in on Lufthansa, who reached 67.2%. Cathay Pacific with 63.5% and AirFrance/KLM with 60.9% are trailing Cargolux.
Cargolux stated that the numbers suggested the company could be on its way to being ‘Global Cargo Carrier of Choice’ in the industry which showed 3.1% growth for April, year-on-year. Global capacity growth was fairly constant with a monthly average of 6.1% so far. Industry-wide year-to-date traffic decreased by 1.2%, mainly due to slower traffic from Asian and North America carriers as last year’s year-to-date traffic was boosted by the US West Coast Seaport disruption in the first quarter.
