After hitting problems in 2019, CargoLogicAir has gone into liquidation.
February has seen a B747-400F belonging to CargoLogicAir find a new owner, that of Cargolux. According to the UK’s Civil Aviation Authority, the aircraft (which was ex-AirBridgeCargo) was actually deregistered in mid-February. During the same month CargoLogicAir has laid off staff, following some weeks of fleet inactivity.
Last year the specialist operator announced escalating losses despite doing good business, having virtually doubled its revenues.