Cargolux chief's big decision: how to replenish an ageing fleet
Cargolux is at a crossroads. It has a big decision to make, and fairly fast. ...
Luxembourg, 23 April 2014. Cargolux Airlines International S.A. today announced that an Extraordinary General Meeting of the company’s shareholders has resolved to increase the share capital of the airline by US$ 175 million in cash in exchange of newly issued common shares.
In addition, the airline has announced the closing of the 35% share sale transaction between the Luxembourg State and Henan Civil Aviation and Investment Co. Ltd.