In advance of the Cargolux board meeting scheduled for tomorrow Wednesday, 25 November 2015, the LCGB trade union has called for shareholders to influence the company's management to finally be able to conclude a new collective labour agreement, and consequently avoid industrial action at what is Europe's largest air cargo company.

Negotiations commenced over a year ago but there is still no agreement concerning the pilots. Both sides have put forward proposals but nothing has yet been agreed.

In Tuesday's press release by the LCGB trade union, they stated that they had submitted a proposal which would lead to annual savings of circa USD 10 million, of which 90% would be borne by the pilots. The issue also concerns the relocation of aircraft and the effect that may gave on jobs. The LCGB has threatened industrial action by staff if agreement cannot be reached.