Tag: Panalpina

Panalpina to acquire share of Luxair

Panalpina, a provider of airfreight services, is engaged in negotiations to acquire a 12.1 per cent stake in Luxembourg airline, Luxair.

The Swiss company, based in Basel, said in a statement that negotiations between Luxair’s major shareholders and Panalpina have reached an advanced stage.

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Frankfurt becomes Panalpina's third European hub

Panalpina, a European forwarding and logistics services provider, is expanding its Frankfurt operations and moving into the CargoCity Sud section of the airport in a move that will make it the Swiss company’s third European airfreight hub.

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