Aircraft
Cargolux Reaches Deal with Boeing on 747-8 Deliveries
Cargolux reaches tentative deal with Boeing on 747-8s.
Cargolux plans to release further details of its agreement with Boeing on its first two 747-8s following an October 7 board meeting.
Cargolux plans to release further details of its agreement with Boeing on its first two 747-8s following an October 7 board meeting.

Cargolux announced over the weekend that it reached a tentative agreement with Boeing over contractual "issues" with respect of the delivery of the first two Boeing 747-8 Freighters initially scheduled for September 19 and 21. The company said it would disclose further details after the signing of the accord and a meeting of its board of directors on October 7.

The rejection of the deliveries by Luxembourg-based cargo carrier came as an embarrassment for Boeing, which had planned to hold special ceremonies in Everett, Wash., to mark the milestone following some two years of delays caused by design changes and certain flight test "discoveries." The delays had already forced Boeing to pay untold millions of dollars in compensation for late deliveries.