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This summer, Paperjam and Delano are looking at shops and brands that cross borders and adapt to the specificities of the local market. This week, Luxembourg’s Chocolate House.

Christianne Wickler’s appointment as chair of the Cargolux board of directors last week was not without controversy, especially surrounding her position at Expressis-Verbis. She explains her role within the world's fourth largest air freight carrier. Jeremy Zabatta: As board chair of Cargolux, you also represent the state, which holds 8.32% of the company's shares. It is the smallest direct shareholder, but the largest indirect shareholder*. Is this why a state representative occupies the chair position? Christianne Wickler: This is why the state proposes the new board chair to be appointe...

After a difficult 2019 with a net profit of €20m, Cargolux ended 2020 with a record €637m profit, driven by the health crisis and the demand for medical equipment. To understand the extent of this record profit, one must remember that in 2018, Cargolux posted the best results in its history with a profit of €211.2m. In other words, Cargolux did three times better than its best year. In 2019, Cargolux’s profit had gone into a tailspin at just €20m. In the details of its annual results, the airline posted revenues of $3.171bn (€2.62bn) in 2020 compared to revenues of $2.26bn (€1.8...