In 1997, Luxair was able to increase its share to 34%, while in September that year Lufthansa sold its 24.5% stake to Sair Logistics; and Swissair Cargo made a cooperation agreement with the Luxembourg company.
1997. godine Luxair povećava svoj udio u Cargoluxu na 34% dok u rujnu iste godine Lufthansa prodaje svojih 24,5% tvrtkama Sair Logistics i Swiss Cargo te s Cargoluxom sklapa ugovor o suradnji.