The Chart:

Tuesday, November 20, 2012

Bad(ish) News

Cargolux and Qatar are breaking up, citing irreconcilable differences. Read more here. Looks like Admiral Ackbar (Al Baker) was making unreasonable demands, even wanting Cargolux to cancel its seven remaining 747-8 orders. What a jerk, at least from a Boeing and/or 747 fan's viewpoint. He was behind all the original drama over the first 747-8 deliveries to Cargolux last year. Cargolux has been losing money these past few years though. I hope this doesn't delay future deliveries, and that the 747-8 helps to turn their losses around.

Boeing feels there is no market for very large aircraft like the 747-8 in Latin America. Bummer.


  1. Just a speculation: U-turn Al has ordered so many next-gen plastic passenger aircraft that he is eager to convert his old(er) A330s to freighters and offload them to Cargolux, hence the desire to cancel the 747-8s.