Cargolux will change its operations to field a mixed fleet of large-widebody freighters when its new 777-8Fs come online later this decade to begin replacing its older production 747-400Fs.
Introducing the 777-8F platform to Cargolux’s uniform fleet of fourteen 747-8Fs and sixteen 747-400Fs will result in alterations to its operations, President and Chief Executive Richard Forson says in this week’s episode of “Cargo Facts Connect,” recorded at Air Cargo Europe 2025 in Munich this month.
“I think we can make it work, but it will take more managing,” Forson says in a rare public interview. “I think it will take more time, more thinking in advance as to where these aircraft would be deployed at the end of the day, because the last thing I want to be doing is having to break pallets down to rebuild and to put onto another aircraft.”
Cargolux announced in October 2022 a firm order ten 777-8Fs along with options for six after Boeing said at the Farnborough International Airshow 2022 that it had secured Cargolux as a customer for the program.
Cargolux’s fleet has remained the same since 2020 when it picked up a 2006-vintage 747-400F (35170) that had exited service with United Kingdom-based CargoLogicAir.
“My philosophy is I’d rather be short on capacity than long, because if I’m short on capacity, I can always make money during the good times, and when the bad times come along, then obviously I have a lot less exposure to downturns in the market,” Forson says. “And the good years have helped us to build up the resilience of the airline, so our balance sheet is strong and we’ve kept a lot of liquidity in expectation of any downturn in the market.”
For the remainder of 2025, one priority for Forson and Cargolux is being able to adapt to any new trade agreements that come into place as countries around the world grapple with tariffs and war.
“I think that’s the most important thing,” he says. “What is going to happen to global trade?”
Tune in to this week’s “Cargo Facts Connect” to hear more on Cargolux as Forson speaks with Cargo Facts Editor Jeff Lee at Air Cargo Europe 2025 in Munich.