European airlines are bystanders in the long simmering “open skies” dispute between US and Gulf airlines that looks like it is about to shoot up to the top of President Trump’s “America First” agenda.
13 Jun 2017
Cargolux said the joint venture contract signed in Beijing “is a major landmark.”
10 May 2017
Cargolux Airlines and Emirates SkyCargo have signed a memorandum of understanding for an operational partnership in the latest tie-up between carriers in the challenging air transport market.
27 Apr 2017
Cargolux posted a sharply reduced profit and lower revenue in 2016.
15 Jun 2016
Cargolux China aims to establish a global network.
24 Mar 2016
Cargolux’s net profit surged in 2015, helped by cheaper fuel, but revenue shrank as low yields offset higher volumes.
25 Jan 2016
Cargolux bucked the downward trend in Europe’s air cargo market, boosting traffic by 7.4 percent in 2015 and unveiling plans to increase its freighter fleet.
20 Jan 2016
Cargolux is to invest $77 million in Cargolux China, a new joint venture carrier, scheduled to start operations in 2017.
17 Dec 2015
Cargolux has agreed to a new labor contract with its pilots, removing the threat of a strike at Europe’s largest all-cargo airline.
16 Dec 2015
A European Union court today overturned 790 million euros ($861 million) in fines against 11 airlines, including Air France-KLM and British Airways, for participating in a global cartel that fixed air freight rates.
05 May 2015
Freighter operator Cargolux has launched a new twice-weekly air service between Chicago and Zhengzhou, China.
30 Apr 2015
Cargolux’s net profit was squeezed to $3 million in 2014 from $8.4 million in 2013 by a $40 million impairment on its 747-400 freighter fleet and a provision for potential anti-trust fines.
05 Jan 2015
Cargolux management and the Luxembourg labor unions continue to be locked in a stalemate, unable to reach a collective work agreement (CWA) despite the carrier’s belief that it is key to ensuring the airline’s survival.
15 Dec 2014
Cargolux continued its robust performance in November, flying a record volume of freight and bucking the downward trend in the European air cargo market.
09 Dec 2014
Vietnam’s increasing role in the final assembly of products was evident in the October trade figures that showed Chinese exports to Vietnam soaring 52.6 percent year-over-year to $61 billion.
01 Dec 2014
DB Schenker, the logistics unit of Germany’s state-owned railroad company Deutsche Bahn, is seeking $2.6 billion in damages from 13 airlines that operated a global air cargo cartel.
17 Nov 2014
Cargolux, Europe’s largest all-cargo carrier, posted its best ever October, with its fleet of 22 Boeing 747 freighters breaking records for tonnage, revenue and block hours.
07 Sep 2014
The air cargo market is giddily awaiting tomorrow’s unveiling of Apple’s new iPhone 6 that when launched will create a spike in export traffic from the production city of Zhengzhou and add further lift to solid air freight volumes out of China.
18 Jun 2014
Freighter operator Cargolux is considering the startup of a joint venture air cargo airline with its Henan government sta
27 May 2014
Robert Song, Cargolux’s senior vice president and head of Asia Pacific, has been ousted just weeks after brokering a deal that saw Henan Civil Aviation & Investment Co (HNCA) acquiring 35 percent of the Luxembourg freighter operator.
02 May 2014
Cargolux swung to an $8.4 million net profit in 2013 from a $35.1 million loss a year earlier as freight volume hit an all-time high, but the all-cargo carrier cautioned market conditions are unlikely to improve this year.
25 Apr 2014
Cargolux said its shareholders approved a $175 million increase in its share capital to strengthen the Luxembourg-based all-cargo carrier’s finances and help fund the expansion of its freighter fleet and route network.
15 Jan 2014
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.
14 Jun 2013
Cargolux Airlines International has plans to double the frequency of its cargo flights from Hong Kong to Rickenbacker International Airport in Columbus, Ohio, The Columbus Dispatch reports.
10 Jun 2013
Talks between Cargolux and labor unions over planned employee cost savings have broken down, shortening the odds on a str
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.
23 Apr 2013
MASkargo, Cathay Pacific and Thai Airways International have settled with the New Zealand Commerce Commission for fixing air cargo prices between February 2000 and February 2006...
02 Apr 2013
The latest IATA cargo figures again show the Middle East is the only region posting significant year-on-year traffic growth in a flat lining global market.
20 Mar 2013
Cargolux Airlines International today launched its first freighter flight connecting Dallas/Fort Worth International Airport to Luxembourg.
11 Feb 2013
Cargolux has adopted a new five-year business plan, including a $275 million capital injection, aimed at returning the fi
18 Jan 2013
Luxembourg-based Cargolux Airlines International’s board of directors has elected Paul Helminger as its chairman.
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