Royal Mail cut in domestic air freight services a blow to contract freighter operator
A decision by UK postal service Royal Mail to remove five 737 freighters from service ...
XPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS LINE: DEMAND PATTERNS LINE: LANDSCAPELINE: CONF CALL STARTSDSV: UNTOUCHABLEEXPD: NOT AS BULLISH AS PREVIOUSLYFWRD: SPECULATIVE RALLY MAERSK: INTEGRATED LOGISTICS WIN MAERSK: TRUMP TRADEKNIN: THE SLIDELINE: DEBUT AAPL: ASIA CAPEXDHL: THE HANGOVERXPO: ELECTION DAY RALLY
XPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS LINE: DEMAND PATTERNS LINE: LANDSCAPELINE: CONF CALL STARTSDSV: UNTOUCHABLEEXPD: NOT AS BULLISH AS PREVIOUSLYFWRD: SPECULATIVE RALLY MAERSK: INTEGRATED LOGISTICS WIN MAERSK: TRUMP TRADEKNIN: THE SLIDELINE: DEBUT AAPL: ASIA CAPEXDHL: THE HANGOVERXPO: ELECTION DAY RALLY
Spain’s Lusat, which owns Swiftair and Aviation Leasing Services, has taken control of European regional air cargo carrier West Atlantic. An MoU signed yesterday will see West Atlantic refinanced and new shares issued in exchange for a €20m cash injection. Due to the possible departure of the UK from the EU on Friday, the agreement called for the shares to be issued before that. West Atlantic’s chief executive, Lars Jordahn, said he was “delighted to welcome” Lusat as the company’s new majority shareholder.
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