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PRESS RELEASE

November 14, 2014: Cargolux Airlines has achieved the best ever October in its history with a record performance in tonnage, revenues and block hours. Compared to the same month in 2013, the airline saw actual tonnage grow by 6.7%, while commercial net revenues rose by 9.9%. It is a strong indication of an improvement in the quality of revenue and makes October 2014 the second best month in the company's history after the record-breaking month of November 2013.

Cargolux continues to achieve the highest daily utilization of all users of the 747-8F with over 16 hours per day in October. The airline's combined fleet operated 9,379 block hours during the month and flew 1,672 flights on its worldwide network, this includes 362 flights from Luxembourg, again, more than any other month in the company's history, except November 2013.

For November 2014, Cargolux expects to substantially improve on the October results with more than 10,000 block hours flown in a single month for the first time ever and a further increase in tonnage and revenues.

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