LuxairGroup to help increase Cargolux’s capital

During its meeting of 6 December 2013, the Board of Directors of LuxairGroup authorised the transfer of 8.41% of its holdings in Cargolux to the Luxembourg Government, thus reducing said holdings to 35.01%.

The Board of Directors has also decided to contribute to increasing Cargolux’s capital in the future.

LuxairGroup has therefore expressed its resolute wish to support the growth and the development of activities of Cargolux, a national flagship and international benchmark in freight services.
Cargolux remains LuxairCargo’s main customer.