|Founded||4 March 1970|
|Hubs||Luxembourg Findel Airport|
|Key people||Frank Reimen (President and CEO)|
Cargolux Airlines International S.A., trading as Cargolux, is a cargo airline with its head office at Luxembourg Findel Airport in Sandweiler, Luxembourg. It is one of the largest scheduled all-cargo airlines in Europe with a global network. Charter flights and third party maintenance are also operated.
The airline was established in March 1970 by Luxair, the Salen Shipping Group, Loftleiðir and various private interests in Luxembourg. It started operations in May 1970 with one Canadair CL-44 freighter with services from Luxembourg to Hong Kong. Over the next two years, the airline grew, as did its public visibility.
By 1973, Cargolux had five CL-44s and made the leap into the jet age by acquiring a Douglas DC-8. This enabled the company to speed up its cargo deliveries. In 1974, Loftleiðir and Cargolux amalgamated their maintenance and engineering departments, and by 1975, Cargolux enjoyed the new facilities of new central offices and two hangars.
In 1978, the airline began to take shape into the company it is today. The CL-44s began to be retired and the airline ordered its first Boeing 747s. In that same year it also began flying to other places in Asia, as well as to the United States. In 1979, as the company concluded its first decade, its first Boeing 747s were delivered.
In 1982, China Airlines became the first airline company to sign a strategic alliance with Cargolux.
1983 saw the introduction of CHAMP (Cargo Handling And Management Planning) and the start of some charter passenger flights for the Hajj pilgrimage.
1984 saw the departure of the last Douglas DC-8 in the fleet and the addition of a third Boeing 747. Lufthansa bought a 24.5% share of the airline in 1987 and Luxair increased its share to 24.53%.
1988 saw the birth of Lion Air, a passenger charter airline established by both Cargolux and Luxair. The airline had two Boeing 747s but Cargolux's venture into the charter airline world proved unsuccessful and soon Lion Air folded.
Despite that setback, Cargolux made it into the 1990s in proper financial shape. It added two more Boeing 747s in 1990, as a way of celebrating its 20th anniversary, and in 1993, three Boeing 747-400Fs arrived at Luxembourg. 1995 saw Cargolux have a year-long celebration because of its 25th anniversary and Heiner Wilkens was named CEO and President.
In 1997, Luxair was able to increase its share to 34%, while in September 1997 Lufthansa sold its 24.5% to Sair Logistics and Swiss Cargo made a cooperation agreement with the Luxembourg company. 1998 saw Sair Logistics increase its share to 33%.
By 1999, Cargolux's fleet had reached double figures, with 10 Boeing 747s. In 2000 a route was opened to Seoul, South Korea, and in 2001 Wilkens decided to step down as President and CEO of the air company.
In October 2010, Ulrich Ogiermann, the chief executive officer of Cargolux was indicted on suspicion of price-fixing; After pleading guilty, he was sentenced to 13 months in federal prison. In November 2010, Cargolux was fined, for price-fixing, by the European Commission.
On 8 September 2011, Qatar Airways purchased a 35% share in the company making it the second largest shareholder after Luxair (43.4%). The other shareholders were the Banque et Caisse d'Epargne de l'Etat (10.9%) and the Société Nationale de Crédit et d'Investissement (10.7%). In November 2012 Qatar Airways announced plans to sell its stake after strategic differences with other major shareholders such as whether the interim CEO and CFO, Richard Forson, should become the permanent CEO. Unions had claimed Forson was effectively a Qatar Airways representative after comments he made about relocating maintenance to the Middle East and rumours of plans for aircraft to be re-registered in Qatar.Qatar Airways sold its share to the Government of Luxembourg. The government sought another buyer, possibly from China.
On 17 September 2011 Cargolux announced that it would not accept the first two Boeing 747-8F scheduled for delivery on 19 September and 21 September 2011, due to "unresolved contractual issues between Boeing and Cargolux" with the aircraft. After resolving their contractual issues, Boeing handed over the first 747-8F to Cargolux in Everett, Washington on 12 October 2011. The freighter then flew to Seattle–Tacoma International Airport and picked up cargo before flying to Luxembourg.
Cargo 2000 an industry group within IATA, consisting of some 80 major airlines, freight forwarders, ground handling agents, trucking companies and IT providers, announced on the 15 March 2012 at its annual general meeting in Kuala Lumpur, Malaysia, that Cargolux Airlines International S.A. has gained Cargo 2000 platinum membership status 2012.
In 2014, Henan Civil Aviation Development and Investment, a Chinese company, acquired a 35% stake in Cargolux. As part of the agreement Cargolux will launch a service from Luxembourg to Zhengzhou in Henan.
|Boeing 747-8F||9||5||Launch customer|
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- Cargolux Achieves Cargo 2000 Platinum Membership Status
- Airliner World (March 2014): 9.
- Cargolux Fleet ch-aviation.ch
- Cargolux fleet list at planespotters.net
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