News / Rivals circle sanction-wounded Cargologicair, eyeing its aircraft spares

A “Dutch cargo airline company” is eyeing Cargologicair’s UK AOC, according to its administrators, as other companies circle, eyeing the carrier’s aircraft parts.

The latest progress report from CLA’s administrator, Buchler Phillips, shows that winding-up the sanctioned UK company has been difficult, with no access to its bank accounts.

The hope was that CLA would be able to continue to trade. The administrator wrote: “Steps were taken to immediately assess whether it would be feasible … to continue trading the business whilst ...