Worldwide Flight Services (WFS) - the world’s largest air cargo handler and one of the leading providers of airline ground handling and technical services - has continued its expansionist bent with an agreement to acquire New York-based Consolidated Aviation Services (CAS) for an undisclosed price. CAS is one of the leading cargo handlers in the US, serving over 250 airline customers. WFS, which was acquired by Platinum Equity in September 2015, is present at over 145 major airports in more … [Read more...] about WFS to acquire US-based Consolidated Aviation Services
Fraport Cargo Services
China Airlines renews Fraport Cargo Services contract early
Fraport Cargo Services (FCS) and China Airlines have renewed the carrier’s cargo handling contract at Frankfurt Airport in advance of the date required – “thus carrying on their trustful partnership of more than 20 years,” the ground handler said. FCS managing director Andreas Helfer said: “We are very pleased that China Airlines, one of Asia’s leading airlines, has decided to extend its contract with Fraport Cargo Services for providing landside cargo handling services at Frankfurt … [Read more...] about China Airlines renews Fraport Cargo Services contract early
WFS takes 51% stake in Fraport Cargo Services
Worldwide Flight Services (WFS) is to acquire a 51 per cent shareholding in Fraport Cargo Services (FCS) as part of a strategic partnership with Fraport AG. The investment is part of WFS’ strategy to continue to expand in Europe’s major cargo markets. Fraport is to retain a 49 per cent share in FCS and will continue to take a substantial role in the management of the company. Terms of the transaction, which WFS and Fraport plan to close by September 2015, have not been … [Read more...] about WFS takes 51% stake in Fraport Cargo Services
Eritrean Airlines returns to Frankfurt & Fraport
Fraport Cargo Services (FCS) has taken over cargo handling for Eritrean Airlines as of 17 April following the resumption of scheduled flights from the Eritrean capital of Asmara. To start, the route will be served three times weekly with an A319 aircraft from Asmara via Rome to Frankfurt and back to Asmara again. Winfried Hartmann, MD of FCS, says: “We are very pleased to welcome Eritrean Airlines back as a client. We will support our long-term partner in every way that we can with the … [Read more...] about Eritrean Airlines returns to Frankfurt & Fraport
Eritrean Airlines returns to Frankfurt & Fraport
Fraport Cargo Services (FCS) has taken over cargo handling for Eritrean Airlines as of 17 April following the resumption of scheduled flights from the Eritrean capital of Asmara. To start, the route will be served three times weekly with an A319 aircraft from Asmara via Rome to Frankfurt and back to Asmara again. Winfried Hartmann, MD of FCS, says: “We are very pleased to welcome Eritrean Airlines back as a client. We will support our long-term partner in every way that we can with the … [Read more...] about Eritrean Airlines returns to Frankfurt & Fraport