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Luxembourg discusses sale of Cargolux stake to HNCA, joint strategy with Zhengzhou Airport

18-Sep-2013 11:42 AM

Luxembourg's Government confirmed (16-Sep-2013) it is in negotiations with China's Henan Civil Aviation Development and Investment (HNCA) for the sale of a stake in Cargolux. The Government intends to select a partner for the airline by the end of 2013. Representatives of Luxembourg's Ministry of Sustainable Development and Infrastructure and China's Henan Province Government also discussed a joint growth strategy for Luxembourg Airport and Zhengzhou Airport, potentially including Cargolux. [more - original PR - French]