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Aircraft and finance. Luxembourg will purchase a stake in Cargolux to reassure unions

Luxembourg, Luxembourg - China's HNCA is close to join the company

China's Henan Civil Aviation Development & Investment Co (HNCA) are close to acquire a 35% stake in Cargolux, after ahving received the approval of the Grand Duchy of Luxembourg for the 231-million-dollar deal. After the completion of the operation, Zhengzhou will become the second hub of the European carrier. The stake was given back by Qatar Airways in late 2012, and has since generated a lot...

AVIONEWS - World Aeronautical Press Agency - 1156969

AVIONEWS - World Aeronautical Press Agency
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