CargoLogicAir UK’s revenue for the financial year 2020 was $148.9M and net profit was $45.4M. In 2022, the company will be adding two B747-400F production freighters with deliveries planned for the first and second quarter of 2022. The company is planning to deploy these valuable assets in key markets for the UK and European exporters and importers, with China and the US being primary targets.
In 2020, CargoLogicAir (CLA) saw utilization increase on average by 30 percent per aircraft, whilst continuously improving quality KPI’s in particular on-time performance and cargo handling. Simultaneously the company has been focused on operational efficiencies which have led to an almost halving of its operating costs, a truly remarkable feat especially considering the Covid environment.
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