November 27 - Against a background of ongoing discussions with unions regarding a new collective work agreement (CWA), the Cargolux board of directors has agreed a significant expansion strategy for the airline.

Cargolux will hire an additional 120 staff in 2016, including 100 new pilots in Luxembourg. With this measure the company says it aims to improve the current roster situation, as well as the work-life balance among its crews. The company has also pledged to introduce enhanced part-time and standby systems for its pilots.

In addition, the Luxembourg based airline is replacing two 747-400 Boeing converted freighter (BCF) aircraft with three nose-loading 747-400 freighters, expanding its fleet from 25 to 26 B747 aircraft by the third quarter of 2016.

The next meeting with the unions is scheduled to take place on November 30 and Cargolux says it is confident that based on the board decision, an agreement can be reached subject to LCGB accepting the job security agreement and a compromise on the very few remaining open items.

Cargolux added that despite the challenges of potential industry action by one of its unions, it is confident that the above investments for its customers, as well as work-life balance for its crews, will bring sustainable benefits for all stakeholders.