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Maersk's airline increased earnings in 2021

Star Air, owned by A.P. Moller-Maersk, improved key financial figures in 2021.

Star Air lifts both top and bottom line in 2021. | Photo: Star Air/PR

While earnings and the bottom line dived a bit in 2020, improvements returned in 2021 for Star Air, which is Maersk’s airline.

This is evident from the company’s annual financial report, which shows that Star Air during the fiscal year operated 15 air freighters of the B767 model. As such, the fleet has been increased by a single plane since 2020. 12 of the planes are on contracts at US logistics company UPS and the remaining at Germany-based DHL. Furthermore, the company has done a number of flights for companies Alitalia and Inditex.

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