Arrow Air Inc, a Miami-based cargo carrier, has filed for bankruptcy protection and plans to liquidate after failing to find a buyer. The 60-year-old company, which operated as Arrow Cargo and once had more than 3,500 customers, halted operations in early July and filed a Chapter 11 petition on in the US bankruptcy court in Miami. In a court filing, Arrow said rising jet fuel prices outpaced its ability to boost prices and this resulted in "significant recurring operating losses" and a large … [Read more...] about Miami-based Arrow Air bankrupt, to liquidate
Arrow Cargo
Arrow goes with Unitpool in South America
Arrow Cargo, a Miami-based freighter operator focusing on Central and South America with a fleet of DC-10, MD- 11 and B757 freighters, has said it has appointed Unitpool to secure its ULD supply and management requirements. Arrow said the deal will allow it the flexibility and reliability that it needs to secure the commitments of its scheduled and charter operations, and to focus on its growth plans outside of South America. The agreement, which includes the acquisition of the … [Read more...] about Arrow goes with Unitpool in South America
