LATAM finalises Mas Air Cargo sale

LATAM airlines has finalised the sale of its stake in Aerotransportes Mas de Carga (Mas Air), also known as LATAM Cargo Mexico, for an undisclosed sum.
The stake has been purchased by a group led by current shareholders of Mas Air, with the deal completed on December 1.
According to Flight Radar, the airline operates a single Boeing 767-300ERF offering flights between Mexico and the US, either Miami or Los Angeles.
The transaction amount is not considered material for LATAM Airlines Group. News that discussions were underway was first revealed in April.

Share this story

Related Topics

Latest acquisitions news

CMA CGM completes Bolloré Logistics acquisition

The CMA CGM Group has completed its largest acquisition since its formation with the takeover of Bolloré Logistics from the…

Read More

Share this story

Bolloré’s contract logistics business grows with acquisition

Bolloré Logistics’ contract logistics subsidiary, Bolloré Solutions Logistiques (BSL) has acquired STEF Logistique Santé (SLS) to grow its contract logistics…

Read More

Share this story

European Commission approves CMA CGM takeover of Bolloré Logistics

The European Commission has approved CMA CGM’s proposed acquisition of Bolloré Logistics, bringing the shipping giant one step closer to…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.