Cargolux reports $61 million 2008 loss

Cargolux reported a net loss of $61 million in 2008 owing to markdowns in its interest rate and fuel derivative portfolio and a $119 million fine owed to the US Dept. of Justice for its role in fixing cargo rates ( ATWOnline, April 10). It lost $47.1 million in 2007. The airline improved on an...

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