Paul Helminger elected Chairman of Cargoluxby Press Release on 2013-01-16 00:07:10
Luxembourg, 15 January 2013. Cargolux Airlines International S.A. today announced changes to its Board of Directors following the acquisition by the Luxembourg State of a 35% stake in the airline from Qatar Airways on 31 December 2012.
Cargolux’s Board of Directors elected Paul Helminger as its Chairman. Furthermore Alphonse Berns, Paul Mousel and Patrick Nickels were appointed as Directors to the Board.
Ownership structure as of 31 December 2012:
Luxembourg State : 35.0%
Banque et Caisse d’Epargne de l’Etat (BCEE): 10.9%
Société Nationale de Crédit et d’Investissement (SNCI): 10.7%
Cargolux Board of Directors as of 15 January 2013
Paul Helminger, Chairman
Chairman of the Board, LuxairGroup
Directeur de la Fiscalité, Ministère des Finances
President and Chief Executive Officer, Banque et Caisse d’Epargne de l’Etat
President and Chief Executive Officer, LuxairGroup
Société Nationale de Crédit et d’Investissement
Represented by Patrick Nickels, Président
Executive Vice President, Banque et Caisse d’Epargne de l’Etat
Premier Conseiller de Gouvernement, Ministère du Développement durable et des Infrastructures
Manager Business Support Flight Operations
Permanent Delegate, Staff Delegation
Officer Material Repairs
About Cargolux Airlines International
Cargolux, based in Luxembourg, is Europe’s largest all-cargo airline and launch customer for the new generation Boeing 747-8 freighter. The company currently operates a modern fleet of 6 Boeing 747-8 freighters and 11 Boeing 747-400 freighters. The Cargolux worldwide network covers 90 destinations, 60 of which are served on scheduled all-cargo flights. The company has more than 85 offices in over 50 countries, and also offers an extensive global trucking network to more than 250 destinations as well as charter and aircraft maintenance services. Cargolux employs over 1,500 staff worldwide.