News / 'Confidential' letters reveal breakdown between Cargolux board and management team over HNCA deal

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The pressure on the Cargolux board of directors grew more intense yesterday when it was revealed that two top executives who recently resigned had previously warned chairman Paul Helminger that the relationship between the board and the carrier’s executive committee (ExCom) had become “untenable”.

They had written to him, separately, saying they believed there was a lack of trust in the management team and that “a clear conflict of interest” had arisen over the appointment of a consultant hired to analyse ...