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Chapman Freeborn acquires Arcus Air Logistics

FWRD: UPS AND DOWNSCHRW: NEW RECORDCHRW: BUILDING ON STRENGTHFDX: GETTING OUTAAPL: AI POWERDSV: NEOM PROJECT RISK HLAG: 'USTR RISK' HLAG: INVENTORY LEVELSHLAG: CRYSTAL BALLHLAG: CEO ON SPOT RATES IN THE CURRENT QUARTERHLAG: UNIT COST PERFORMANCEHLAG: QUESTION TIMEHLAG: SECOND HALF OUTLOOK HLAG: SPOT RATES DYNAMICS HLAG: STRONG PERFORMANCE

FWRD: UPS AND DOWNSCHRW: NEW RECORDCHRW: BUILDING ON STRENGTHFDX: GETTING OUTAAPL: AI POWERDSV: NEOM PROJECT RISK HLAG: 'USTR RISK' HLAG: INVENTORY LEVELSHLAG: CRYSTAL BALLHLAG: CEO ON SPOT RATES IN THE CURRENT QUARTERHLAG: UNIT COST PERFORMANCEHLAG: QUESTION TIMEHLAG: SECOND HALF OUTLOOK HLAG: SPOT RATES DYNAMICS HLAG: STRONG PERFORMANCE

arcus
Arcus Air
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Chapman Freeborn has bought the logistics arm of Arcus Air Group, a private European airline with cargo and brokerage operations throughout Europe.

The logistics division consists of air cargo charter and on-board courier businesses and caters mainly to the automotive industry.

Arcus will continue to operate two Dornier 228-212 cargo aircraft on behalf of Chapman Freeborn. Arcus Air will now concentrate on executive aviation, with its seven-strong Embraer Phenom 100 fleet.

 

 

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