Cargolux, Media Release CWA

1.
Media Release
Cargolux Management and Unions Seal a Pact for the Future
Luxembourg, 1 December 2015 – The Cargolux management and its social partners OGBL and LCGB
have achieved a major breakthrough in today’s round of negotiations on a new collective work agreement
(CWA) for the airline’s staff. It clears the road to growth and financial sustainability, sealing a strong pact
for the future of the Cargolux Group where all parties underline that they share a common vision for
stability, sustainable growth and prosperity at Cargolux.
The last intensive rounds of negotiations focused on crew related items. The perseverance of the
negotiating teams yielded a principle agreement with both unions on the new CWA terms that sends a
strong signal on the Company’s commitment to job security for our staff and an increased support
towards maintaining the competitiveness of Luxembourg as the prime air freight hub in Europe.
The principles agreed today by all parties for the CWA, twinned with the decision to invest in new jobs,
amongst other 100 new pilots and an additional aircraft for Luxembourg, pave the way for the realization
of Cargolux’s vision to be the Global Cargo Carrier of Choice.
With this new CWA, the parties are expressing their commitment to move forward, boosting further
Cargolux’s leading market position in Europe coupled with its growth in Asia through the implementation
of the Luxembourg – Zhengzhou dual hub strategy.
Cargolux and its social partners are happy to have arrived at this positive result and will continue to fully
focus their joint efforts towards enhancing the success of the company.
About Cargolux Airlines International
Cargolux, based in Luxembourg, is Europe’s leading all-cargo airline with a modern and efficient fleet
composed of 13 Boeing 747-8 freighters and 13 Boeing 747-400 freighters. The Cargolux worldwide
network covers 90 destinations, some 70 of which are served on scheduled all-cargo flights. The
company has more than 85 offices in over 50 countries, and operates an extensive global trucking
network to more than 250 destinations as well as full and part-charter services. Cargolux also offers third-
party maintenance at its modern two-bay maintenance hangar in Luxembourg. The company is
specialized in B747 line and hangar maintenance up to and including C-Checks. It offers a range of
specialized maintenance services and holds line maintenance approval for B777 aircraft. Cargolux
employs over 1,500 staff worldwide.

2. Cargolux Corporate Communications
Moa Sigurdardottir, Head of PR and Internal Communications
moa.sigurdardottir@cargolux.com
Phone: +352 4211 3635
www.cargolux.com