The Luxembourg government has completed the sale of a 35 percent stake in all cargo carrier Cargolux to China’s Henan Civil Aviation Development and Investment for $120 million.
19 Dec 2013
The Luxembourg government has agreed to sell a 35 percent stake in Cargolux to Chinese investors for $120 million.
16 Dec 2013
The board of Cargolux has backed a cooperation deal with Henan Civil Aviation Development and Investment Co., clearing the way for the Luxembourg government to sell a 35 percent stake in Europe’s largest all-cargo airline to the Chinese investors.
17 Sep 2013
The government of Luxembourg is negotiating with Chinese investors over the sale of its stake in Cargolux, Europe’s largest all-cargo airline.
28 May 2013
Cargolux is resisting union demands that it repays $12.5 million of planned labor cost savings to employees if it returns to profit in 2014.
25 Apr 2013
Cargolux’s losses almost doubled in 2012 to $35.1 million from $18.3 million a year earlier, as Europe’s largest all-cargo airline struggled to cut costs amid depressed demand and continued overcapacity across the global air freight industry.
01 Apr 2013
FedEx Express has launched FedEx Priority Overnight in Belgium, France, Germany, Italy, Luxembourg, Denmark and the Netherlands.
20 Mar 2013
Cargolux Airlines International today launched its first freighter flight connecting Dallas/Fort Worth International Airport to Luxembourg.
19 Mar 2013
Containerships will implement a new sailing schedule on April 8, including several adjustments.