Logistics: The Grand Duchy’s cargo airline has changed its order of new Boeing jets while adding new routes, as part of the firm’s turnaround strategy.
Cargolux will push out the delivery schedule of its 747-8 orders with Boeing and will not exercise its option for two additional jets.
“We expect to take delivery of two to three aircraft this year, out of seven deliveries remaining”, a Cargolux spokeswoman told Delano on Wednesday. “We already have six 747-8Fs in the fleet at present.”
In October 2011, the company became one of the first carriers to receive the next generation of fuel-saving aircraft. Cargolux, Europe’s largest freight airline, originally had the option to purchase a total of 15 of the aircraft, but now will stick with the 13 for which it had a “firm” commitment to buy, the spokeswoman said.
On February 7, the airline said it would “retain the single fleet philosophy and leverage the improved efficiency of the Boeing 747-8 freighter”.
However, the airline also plans to keep its existing 747-400 models to round out its fleet, interim CEO Richard Forson told industry publication ATW on February 12.
The moves come in the midst of a strategic makeover, which aims to turn around deep losses at the carrier and deliver a “return to profitability in 2014”.
Despite plans for a smaller fleet, the airline has continued to increase its service.
On Monday, it announced that new flights to oil and gas hub Port Harcourt, Nigeria, would begin on March 5, and earlier this month, Cargolux launched new services to China, Latin American and the UK.