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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:
Luxair: 43.4%
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...
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