Recently there have been initiatives in the industry to tackle the high cost of the existing Type B network by deploying secured peer-to-peer solutions, e.g. EDIfly, developed by Innovative Software SARL in Luxemburg and used by companies like Cargolux, TAP, SATS etc.
Competition from such European cargo airlines like Cargo Lion, Cargolux and Germany's DHL, combined with the poor economical situation of Nigeria during the time (which also had to do with Nigeria Airways' demise) to precipitate the cargo airline company's demise before the 2000s had arrived.
Luxair and Cargolux, two airlines, have their head offices on the grounds of Luxembourg - Findel Airport in Sandweiler.
Cargolux |
2 December – One of Cargolux's two CL-44's crashes in East Pakistan while conducting a humanitarian airlift, killing four crew members and four villagers.
January – Cargolux takes over Loftleiðir's maintenance and engineering departments, which were subsequently transferred from New York City to Luxembourg City.