Cargolux 747-400F. Photo: By Rob Finlayson. Cargolux reported 2010 net income of $59.8 million, reversing a $153.3 million net loss in 2009 and marking its first profitable year since earning $82.6 million in 2006. "The company managed to achieve a remarkable turnaround," Europe's largest all-cargo airline said in a statement. "The recovery of the air cargo market continued during 2010 and, while it was initially volume driven, prices started to recover in March ...

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