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Cargolux China to move forward as Henan Cargo Airlines

Representatives from Luxembourg-based Cargolux, and China-based Henan Civil Aviation Development & Investment Co (HNCA, an investment arm of the government of China’s Henan province which owns a 35% stake in Cargolux) met in Beijing today, and signed an “Airline Equity Joint Venture Contract” that will allow the two parties to resume preparations for the launch […]

Ex-Cargolux CEO, Dirk Reich resurfaces

Following Dirk Reich’s resignation from Cargolux back in July, it seemed appropriate to assume it would only be a matter of time before he resurfaced, and today it looks like the he has been found. According to an update on the company website, Reich will be assuming the position of Chairman at “R+R International Aviation”, […]

Cargolux: The Saga Continues

Just when it appeared that Starship Cargolux was on a steady course “to boldly go where no man has gone before” – that is, to go to China and implement a dual hub strategy – there is a new plot twist: President and CEO Dirk Reich is out, and will be replaced by current CFO […]

Cargolux looks back at 2015 and ahead to 2017

Luxembourg-based all-cargo carrier Cargolux spent much of 2015 locked in battle with one of its unions, but emerged from the year not only with labor peace finally achieved, but also reporting significant operational gains. Cargolux said cargo volume in 2015 was up 7.4% (well above the industry average) to 890,000 tonnes. How this volume increase […]

Cargolux China is about to take off

Early next week – Tuesday, 19 January – the Cargolux Board of Directors will meet, with the final details of the Cargolux China joint venture airline dominating the agenda. In advance of the meeting, Cargolux is staying quiet on details, but a report in the daily Luxemburger Wort quotes François Bausch, Luxembourg’s Minister for Sustainable […]

Cargolux China – the real story

Yesterday, as a “breaking news” sidebar in our story about the livery Cargolux used on a 747-8F to celebrate its forty-fifth anniversary, we cited a Reuters report that Cargolux was in negotiations with Boeing about the purchase of an additional five 747-8Fs for its “Cargolux China” joint venture airline. It may well be true that Cargolux […]

The battle continues at Cargolux

Cargolux and its unions, unable to agree on a new contract, will enter a mediation process. For much of the last five years, the management of Luxembourg-based all-cargo carrier Cargolux has been at daggers drawn with the two unions that represent the carrier’s workers. This relationship is further complicated by the fact that, although Cargolux does […]

Cargolux China? Not so fast…

Last week we reported that Cargolux CEO Dirk Reich, in discussing the potential launch of a joint-venture all-cargo airline in China with Henan Civil Aviation Development and Investment Company (HNCA, which owns 35% of Cargolux), had said the decision to launch the carrier had been made – that the question was not “if” but “when” […]
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