Barely two years after commencing flights between its Luxembourg and Zhengzhou hubs, Cargolux Airlines International announced that cargo volume on this route has surpassed 100,000 tonnes, just eight months after the carrier announced hitting the 50,000-tonne mark last October. Cargolux president and CEO, Dirk Reich, highlighted Cargolux China’s plans for its network noting the success of Cargolux’s relationship with its Chinese partner, Henan Civil Aviation and Investment Co. (HNCA). “We … [Read more...] about Cargolux hits 100,000 tonnes milestone on LUX-CGO
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China’s HNCA, Luxembourg strike deal on Cargolux stake
Chinese investment group, Henan Civil Aviation Development and Investment Company (HNCA), the investment vehicle of the Chinese province of Henan, is reported to have been given the green light to purchase the 35 per cent shareholding up for sale in state-owned Cargolux. Xavier Bettel, the incoming prime minister of Luxembourg, informed parliament of the decision in a speech on 29 November, according to media reports. Bettel also told parliament that HNCA had committed to … [Read more...] about China’s HNCA, Luxembourg strike deal on Cargolux stake
China's HNCA, Luxembourg strike deal on Cargolux stake
Chinese investment group, Henan Civil Aviation Development and Investment Company (HNCA), the investment vehicle of the Chinese province of Henan, is reported to have been given the green light to purchase the 35 per cent shareholding up for sale in state-owned Cargolux. Xavier Bettel, the incoming prime minister of Luxembourg, informed parliament of the decision in a speech on 29 November, according to media reports. Bettel also told parliament that HNCA had committed to … [Read more...] about China's HNCA, Luxembourg strike deal on Cargolux stake