Reported about 1 year ago
Global e-commerce demand continues to drive growth as Starlux Airlines (ticker 2646) records a total revenue of 2.599 billion in May 2024, reaching a new high for the same period with a 52% year-on-year increase. Cargo operations hit a historical high for the quarter, with a monthly increase of 19% and a staggering 88% annual increase. The airline attributes this success to the robust global e-commerce demand, maintaining high cargo volumes and prices. Starlux Airlines also announced the launch of new routes to Hong Kong, Jakarta, and the fourth regular route to Vietnam's Phu Quoc Island starting July 1st, expanding its network and services.
Source: YAHOO