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 operating level, however, posting an operating profit before financing costs of $13.8 million, reversed from a loss of $33 million the prior year. Revenue rose 18.1% year-over-year to $1.98 billion ...

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