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Luxembourg

EIB launches largest EUR Climate Awareness Bond (CAB) ever

environment

Size - EUR 650m, the largest climate-themed bond in EUR market ever Mini-benchmark approach - allowing for liquidity, flexible sizing to investor demand and transparent pricing in line with the EIB’s existing ECoop curve New operational arrangements - first dematerialised (paperless) issue under Luxembourg Law, first EIB-issue settling via LuxCSD with DVP in central bank money Earmarking of proceeds - for select projects in the fields of renewable energy and energy efficiency, thereby supporting Climate Action The bond generated strong... Read More »

Luxair extends its network to Dublin

airport

Two years after having been forced to abandon flights to Dublin Luxair Luxembourg Airlines announces that it will resume this direct route with four weekly flights (Monday, Wednesday, Friday and Sunday) as of 30 March 2014 and this for the entire summer season. The flights can be booked as from next Monday, 8 July 2013. These new flights will be operated by a Bombardier Q400 with a capacity of 76 seats (versus 49 for the Embraer ERJ145 used in the past) and will allow the travellers from Luxembourg and the Greater Region to reach the Iris... Read More »

LuxairGroup results for financial year 2012: a negative year

airport

The aviation sector remains very sensitive to the vagaries of the economy, with increased exposure with regard to traditional regional air transport in Europe. Luxair Luxembourg Airlines’ operating result thus logically experienced a further downturn in 2012, while the tour operator LuxairTours only just managed to struggle through in a highly competitive environment. As for the freight handling business, the interaction between the state of the economy and goods transport unsurprisingly resulted in a decline in volumes handled by LuxairCARGO. ... Read More »

Rapport annuel 2012

investors

Luxembourg, 4 July 2013 - Following the record year of 2011, P&T Group managed to consolidate its position in 2012 in a highly competitive and difficult economic climate - maintaining momentum and posting solid results. P&T Group ended the 2012 financial year with its overall turnover up by 2.1%. Despite the difficulties facing the postal and postal financial services, telecommunications continues to show strong growth. The postal service is compelled to reduce the structural volume of mail it handles daily, affecting all posta... Read More »

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