US Logistics Solutions files for liquidation, with significant job losses
UPDATED 26.06.24 TO INCLUDE TEN OAKS STATEMENT US Logistics Solutions, formerly known as Forward Air Solutions, ...
Despite support in the German market for a non-Lufthansa cargo carrier, the news from Air Cargo Germany is not looking good.
On April 18, its AOC was suspended by the LBA, Germany’s civil aviation authority, which, according to German media, claimed that the airline’s heavy debt burden could compromise safety ? after it was found to be unable to sustain its operations financially over the next 12 months, a breach of European Community Directive 1008/2008.
Since then, the carrier, and its 49% ...
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