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CARGOLUX FLEET EXTENSION III

Signature(s)

Amount
€ 73,597,056.12
Countries
Sector(s)
Luxembourg : € 73,597,056.12
Transport : € 73,597,056.12
Signature date(s)
19/08/2002 : € 36,798,528.06
13/08/2002 : € 36,798,528.06
Link to source
Data sheet
CARGOLUX FLEET EXTENSION III
Other links
Summary sheet
Cargolux Fleet Extension

Summary sheet

Release date
11 July 2001
Status
Reference
Signed | 13/08/2002
20010102
Project name
Promoter - financial intermediary
Cargolux Fleet Extension

Cargolux Airlines International S.A.
Luxembourg Airport, L-2990 Luxembourg

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 80 million
EUR 333 million
Location
Sector(s)
Description
Objectives

The purchase of two additional B747-400F freighters fitted with RR engines in order to respond to the increasing demand for air cargo capacity.

The project contributes to both the improvement of transport links between the countries of the EU and the rest of the world and towards the strengthening of the competitiveness of the European airfreight transport industry.

Environmental aspects
Procurement

The project is subject to regulations laid down in the Airport Master Plan

Appropriate procurement procedures have been followed

Comments

Air cargo transport infrastructure

Link to source
Summary sheet
Cargolux Fleet Extension
Other links
Data sheet
CARGOLUX FLEET EXTENSION III

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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