More than 350 jobs will be lost as EVCL Chill enters administration
EV Cargo’s cold chain subsidiary, EVCL Chill, has declared bankruptcy, with accountancy firm PwC appointed ...
There is very little detail as yet, but it appears that KLM is to take over Jet Airways’ Dutch business – a move which could include cargo operations. One of Jet’s 777s was impounded at Schiphol last year by handler WFS.
The pair have entered a conditional sale and purchase agreement, notes FlightGlobal. Jet is undergoing a separate bankruptcy in the Netherlands, as Dutch creditors look to recoup debts. The article notes that KLM would not become a shareholder, just acquire the Dutch operations.