Air Charter Service appoints Elie Hanna as new Dubai CEO
Elie Hanna (above) has become chief executive of Air Charter Service Dubai, and will oversee ...
CHRW: 'STILL TOUGH FREIGHT MARKET' CHRW: BALANCE SHEET PEEKCHRW: STAFF COSTS FALLING CHRW: SALES STAFF REORG CHRW: STOCK SURGESCHRW: 'STILL EARLY IN OUR JOURNEY' CHRW: FOCUS ON MARGINS CHRW: CONF CALL ONCHRW: NUMBERS OUT CONF CALL LIVEDHL: MFAG DEAL UPDATEPG: GUIDANCE RISK FACTORSPG: SUPPLY CHAIN FOCUSPLD: 'COMPELLING'AMZN: NOKIA LAWSUITDSV: MORE EXPENSIVE STOCK BUYBACKSR: UNSTOPPABLERXO: PUSHING HIGHER
CHRW: 'STILL TOUGH FREIGHT MARKET' CHRW: BALANCE SHEET PEEKCHRW: STAFF COSTS FALLING CHRW: SALES STAFF REORG CHRW: STOCK SURGESCHRW: 'STILL EARLY IN OUR JOURNEY' CHRW: FOCUS ON MARGINS CHRW: CONF CALL ONCHRW: NUMBERS OUT CONF CALL LIVEDHL: MFAG DEAL UPDATEPG: GUIDANCE RISK FACTORSPG: SUPPLY CHAIN FOCUSPLD: 'COMPELLING'AMZN: NOKIA LAWSUITDSV: MORE EXPENSIVE STOCK BUYBACKSR: UNSTOPPABLERXO: PUSHING HIGHER
PRESS RELEASE
Air Charter Service’s French operation, based in Paris, has seen an impressive first half to the year, up by 91% on the same period in 2021.
Alexandre Busila, CEO of ACS France, commented: “We have seen a real return to business for all of our three main divisions following the past couple of years that have been heavily affected by the pandemic.
“The passenger side of our business has come back really strong – our private jet division has seen almost triple the amount of revenue of last year, with many clients choosing larger aircraft and longer trips as the restrictions have eased all over the world. The figures are up by 94% on 2020 and have surpassed pre-pandemic levels, with a 38% increase compared to the first half of 2019.
“Our group charter division has seen an impressive growth of 71% on last year’s figures, seeing a real return for the MICE industry and sports travel. “Cargo flight volumes have also seen fantastic growth on all of the previous three years – 78% up on 2021 and currently 20% above pre-pandemic levels. After the initial spike in 2020 of shipping PPE, we are now back to charters for automotive parts, project logistics, livestock, textiles and even perishables.”
Justin Bowman, Air Charter Service’s Group CEO, added: “The office has gone from strength to strength over the past 12 months or so – we made some major changes, which involved some difficult decisions, but that were for the long-term benefit of the company. Since Alex and his new leadership team have been in place, we are now in good shape to look to the future and to expand the team. We have plans for further investment in France and we feel that Alex’s success has laid the groundwork for this.
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