Release date: 9 January 2004
Promoter – Financial Intermediary
Cargolux Airlines International S.A.
Luxembourg Airport
L-2990 Luxembourg.
Location
Description
The comprises the extension of Cargolux’s fleet by the purchase of a Boeing 747 F-400 freighter powered by Rolls Royce engines.
Objectives
The project contributes to the improvement of Europe’s network of cargo air connections between the countries of the EU and the rest of the world.
Comments
Air cargo transport infrastructure.
Sector(s)
Proposed EIB finance (Approximate amount)
USD 75m (around EUR 64,5 million).
Total cost (Approximate amount)
USD 155m (around EUR 125 million).
Environmental aspects
The B747-400F complies with the strictest noise and gaseous emission rules currently in force, incl. ICAO Annex 16, Chapter 3. In addition this project, as well as all existing aircraft in the promoter’s fleet, comply with the future requirements (Chapter 4) recently proposed by ICAO.
Procurement
The B747-400F was selected in competition with other aircraft. The justification for the choice has been confirmed in three previous appraisals.
Status
Signed - 15/04/2004
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).