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Panalpina sells its 12% share of Luxair

Panalpina (Basel) has sold its 12.09 percent share of Luxair-Luxembourg Airlines (Luxembourg). The government of Luxembourg purchased the shares in June according to this report by Handelszeitung.

Read the full report (in German): CLICK HERE

Top Copyright Photo: Royal S. King. Swiss freight forwarder Panalpina has a close relationship with Atlas Air. Atlas Air operates this new Boeing 747-87UF N851GT for Panalpina.

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Luxair-Luxembourg Airlines: 

Bottom Copyright Photo: Bernardo Andrade. Embraer ERJ 145LU (EMB-145LU) LX-LGX (msn 145147) of Luxair arrives at Barcelona.

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