Qatar Airways will get back the $117.5 million it paid for a 35 percent stake in Cargolux it acquired from the Grand Duch
07 Dec 2012
The Luxembourg government said it will buy back Qatar Airways 35 percent stake in Cargolux and is negotiating with potent
19 Nov 2012
Qatar Airways is selling its 35 percent stake in financially troubled Cargolux that it had acquired less than 18 months a
10 Sep 2012
Cargolux has resumed flights to Ecuador after a nearly 39-month hiatus.
06 Aug 2012
Cargolux named Richard Forson as interim president and CEO of the cargo airline with immediate effect.
30 Jul 2012
Frank Reimen, Cargolux Airlines International president and CEO, has stepped down following his appointment to a Luxembourg government post, the carrier announced.
15 Jun 2012
Malaysia Airlines and its cargo division MASkargo have agreed to pay a multimillion-dollar penalty for their role in fixing prices on routes from Indonesia to Australia in the early part of the last d
16 May 2012
Cargolux Airlines International has started a twice-weekly freighter service linking Luxembourg to the booming Chinese interior city of Chongqing.
05 Jan 2012
The owners of failed freight airline Cargoitalia are attacking rival carrier Cargolux, claiming unfair competition forced the Milan-based operator into liquidation.
09 Dec 2011
The former CEO of Cargolux, Ulrich Ogiermann, and his top deputy accepted sentences of 13 months in prison and fines $20,000 each under plea agreements for their role in a international conspiracy to
08 Dec 2011
01 Nov 2011
Boeing delivered its first 747-8 freighter to Cathay Pacific Airways this week, making the Hong Kong-based airline the second carrier to take the aircraft and giving the aircraft manufacturer a needed
19 Oct 2011
Cargolux is launching two new freighter services connecting the U.S. with Australia and the west coast of Africa.
13 Oct 2011
10 Oct 2011
Qatar Airways is launching scheduled freighter services to Atlanta, Houston and Toronto, the latest expansion in the Gulf Arab carrier’s bid to become one of the world’s biggest air cargo
03 Oct 2011
Cargolux is expected to take delivery this month of its first 747-8 freighter after settling a contract dispute
22 Sep 2011
19 Sep 2011
Cargolux stunned Boeing and the air cargo industry this weekend when the airline announced it would not accept delivery of the first of two 747-8 freighters over what the carrier called “unresol
16 Sep 2011
Panalpina will lease two 747-8 freighters from U.S.-based Atlas Air to meet increasing demand for capacity in the healthcare, high-tech, automotive, and oil and gas sectors.
02 Sep 2011
Boeing on Sept. 19 will deliver to all-cargo carrier Cargolux the first of its 747-8 freighters, which the manufacturer believes will be the anchor for future international cargo transport.
19 Aug 2011
Boeing reached a major milestone in its long-delayed program for its 747-8 freighter, winning certification in the United States and Europe for the next-generation aircraft the manufacturer believes w
12 Aug 2011
Caterpillar Chairman and CEO Doug Oberhelman called for U.S. policymakers to launch a strong infrastructure repair program to upgrade ports and domestic transportation networks.
08 Jul 2011
All-cargo carrier Cargolux has grounded a Boeing 747-400 freighter after maintenance staff detected a bullet hole in its fuselage.
09 Jun 2011
Qatar Airways acquired a 35 percent strategic stake in Cargolux, Europe’s biggest all-cargo airline, on Thursday taking a major step toward its goal of becoming one of top players in global air
27 May 2011
EVA Airways agreed to plead guilty to conspiring to fix international air cargo prices and to pay a $13.2 million fine in the antitrust investigation that has produced criminal charges against some of
02 May 2011
Qatar Airways said it expects to reach agreement in the coming weeks to acquire a 33 percent stake in the largest European all-cargo carrier Cargolux.
19 Apr 2011
Cargolux is in talks about the sale of a stake to a strategic investor amid reports Qatar Airways wants to acquire a minority shareholding in the European all-cargo carrier.
01 Apr 2011
Cargolux swung to a net profit of $59.8 million in 2010 from a $153.3 million loss in 2009 to end a three year losing streak that pushed Europe's largest all-cargo airline to the brink of bankruptcy.
11 Feb 2011
Atlas Air Worldwide Holdings executive Michael Steen will replace Ulrich Ogiermann as chairman of The International Air Cargo Association, the worldwide group announced.
26 Jan 2011
Cargolux said Wednesday it will appeal the European Union’s $109 million fine for participating in an international price fixing cartel, making the all-cargo carrier the second airline to formal
11 Nov 2010
Ulrich Ogiermann, facing charges that he took part in a global air cargo price-fixing conspiracy, stepped down Thursday as president and chief executive of freight airline Cargolux and was replaced by
09 Nov 2010
The European Union Nov. 9 fined 11 airlines $1.1 billion for their role in a global cartel that colluded to fix air cargo rates.
09 Nov 2010
Cargolux, the Luxembourg-based all-cargo airline Nov. 9 said the European Union fined the carrier $112 million for participating in an illegal air cargo cartel.
29 Oct 2010
A federal grand jury indicted Ulrich Ogiermann, the president and CEO of Cargolux Airlines International, and his top deputy on criminal charges of conspiring to fix air cargo prices, the U.S.
03 Sep 2010
Cargolux is adding a fifth flight to the trans-Pacific service the freighter operator launched this year, bringing more capacity into Asia markets that are seeing sharp gains in air cargo services.