Further to Cargolux's statement last week on the matter of Henan Civil Aviation Development and Investment Co., Ltd. (HNCA) purchasing Hahn Airport, HNCA would like to categorically state that there is no substance to the media reports circulated on this matter and would like to confirm that it has no interest in, or intention of making any such purchase.

HNCA has an excellent relationship with Cargolux and both companies continue to work closely together to achieve the goal of developing Zhengzhou into a major cargo hub in China. With the help of HNCA, Cargolux has built a substantial presence in one of the world's most important markets and both partners enjoy a fruitful and successful relationship of mutual trust and respect that has grown since the cooperation began.

In 2015, Cargolux produced in excess of 65,000 tonnes of air freight for Zhengzhou, which also benefitted Luxembourg as a major cargo hub in Europe. It demonstrates the strong relationship and commitment of the parties, taking into account that services between Luxembourg and Zhengzhou only commenced in June 2014.

Both HNCA and Cargolux look forward to continuing theirsuccessful relationship in realizing their Dual Hub Strategy.

Contributed by Cargolux Airlines International SA.