Air France-KLM Cargo, Delta Air Lines Cargo and Virgin Atlantic Cargo are promising cargo customers more connections, greater shipment routing flexibility, improved trucking options, aligned services and innovative digital solutions with the launch of their expanded trans-Atlantic Joint Venture (JV). The new partnership, which represents 23% of total trans-Atlantic cargo capacity or more than 600,000 tonnes annually, will enable the airlines to offer the best-ever customer … [Read more...] about Air France-KLM, Delta and Virgin Atlantic launch trans-Atlantic Joint Venture
JV
ST Aero forms MRO JV in Guangzhou
ST Aerospace announced that it has concluded joint venture (JV) discussions with Guangdong Airport Management Corporation (GAMC) to set up a commercial aircraft heavy maintenance facility in Guangzhou, China. The JV company, ST Aerospace (Guangzhou) Aviation Services Company Ltd, will have a total investment of US$99 million. ST Aerospace will own a 49 per cent stake of the JV company, while GAMC will own 51 per cent of the company. The facility is expected to begin operations in roughly two … [Read more...] about ST Aero forms MRO JV in Guangzhou
MRO JV for Goodrich and Turkish
Goodrich Corporation and Turkish Technic, Inc. have formed a joint venture company to provide maintenance, repair and overhaul (MRO) services in Istanbul, Turkey. The joint venture company, known as Goodrich Turkish Technic Service Center, will provide nacelle, thrust reverser and related component services including rotable support. The center will provide services for the Airbus and Boeing fleets of Turkish Airlines and other carriers in Turkey and neighboring regional fleets. The two … [Read more...] about MRO JV for Goodrich and Turkish
SATS and Air India form JV for handling
Singapore Airport Terminal Services (SATS) and Air India today signed an agreement to form a single 50:50 joint venture (JV) company that will serve as the vehicle to house their three existing ground and cargo handling JVs in Bangalore and Hyderabad. To be named Air India SATS Airport Services Private Limited (AISATS), the JV company is in the process of being incorporated in New Delhi. In September 2008, SATS was chosen by Air India as its JV partner for ground handling in India. Prior to … [Read more...] about SATS and Air India form JV for handling
New cargo JV for Air China/Cathay
Air China and Hong Kong's Cathay Pacific Airways will jointly set up China's biggest cargo joint venture in Shanghai in early 2010 as the two carriers aim to tap the surging cargo volumes out of Shanghai Pudong. Air China will hold 51 per cent and Cathay Pacific will hold the remainder in the joint venture which will see the two carries contributing 10 B747-400 freighters. … [Read more...] about New cargo JV for Air China/Cathay
