Cargolux appoints new chairman

PAUL Helminger has been appointed Cargolux Airlines’ new chairman of the board of directors.
The move comes after Albert Wildgen stepped down from the position in November last year – the same month Qatar Airways relinquished its 35 per cent stake in the all-cargo airline – having joined the board in September 2011.
Luxembourg’s government has temporarily acquired the Middle East carrier’s stake until a new long-term shareholder can be found.
The other part owners are: Luxair with 43.4 per cent, the Banque et Caisse d’Epargne de l’Etat (BCEE), 10.9 per cent and Société Nationale de Crédit et d’Investissement (SNCI) with 10.7 per cent.

Share this story

Related Topics

Latest news

Cathay Pacific hopeful on cargo following latest quarantine development

By Damian Brett

Cathay Pacific Cargo has welcomed the latest change to Hong Kong’s crew quarantine rules. Earlier this week, the government announced…

Read More

Share this story

Drones back on the agenda for air cargo

By Damian Brett

Before the pandemic hit the world of air cargo, there were five or six industry developments that were constantly hitting…

Read More

Share this story

Cargo volumes higher than pre-Covid levels at Brussels Airport

By Rachelle Harry

Cargo volumes at Brussels Airport are now higher than pre-Covid levels, according to its March 2021 figures. In March this…

Read More

Share this story