Luxembourg-based cargo carrier Cargolux reported a 2013 annual net profit of $8.4 million, reversed from a $35.1 million net loss in the year-ago period. “We don’t expect market conditions to improve significantly in 2014,” president and CEO Dirk Reich said in a statement. The company attributed the “high amount of operational activity” for the results. Reich said he is confident “in our ability to reap the first tangible rewards from the cooperation with ...

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