Business

Acquisitions

AerSale swoops on 24 B757s as it eyes cargo conversions

By Damian Brett

Lessor and MRO firm AerSale has entered into a purchase agreement to acquire 24 Boeing 757-200 passenger aircraft that it…

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YTO confirms Alibaba share purchase

By Damian Brett

Chinese e-commerce giant Alibaba Group Holding has upped its stake in delivery firm YTO Express. YTO yesterday confirmed that Alibaba…

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Q7 Air Cargo invests in perishables specialist Airflo

By Damian Brett

Dubai-based logistics firm Q7 Air Cargo is to acquire an interest in the Dutch holding company of perishable forwarder Airflo…

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AviaAM Leasing acquires B747-400F on behalf of Magma Aviation

AviaAM Leasing, part of the Avia Solutions Group, has purchased a Boeing 747-400F nose-loader freighter. The aircraft, which is part…

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Gebrüder Weiss swoops on Ipsen Logistics’ units

By Damian Brett

Gebrüder Weiss has taken over large parts of the operational business of Ipsen Logistics as it looks to expand its…

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Pilot expands in US and Mexico with acquisitions

Logistics and transportation provider Pilot Freight Services (Pilot) has expanded its presence in the US Midwest and along the US-Mexico…

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Chapman Freeborn swoops on Arcus as it targets time critical sector

By Damian Brett

Charter broker Chapman Freeborn will acquire Arcus Air Logistics and Arcus Air OBC (on-board courier) from the Arcus Air Group…

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Nippon Express taps into pharma market with MD Logistics acquisition

By Rachelle Harry

Japan-based logistics firm Nippon Express has completed the acquisition of US-based headquartered MD Logistics in a deal worth $51m (¥ 5.5bn)….

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Global health crisis and acquisition impact DSV Panalpina Q1 results

By Rachelle Harry

DSV Panalpina saw revenues and airfreight volumes increase in the first quarter of the year, thanks to its acquisition of…

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Bolloré Logistics expands Nordic presence

By Damian Brett

Bolloré Logistics has expanded its presence in the Nordics with the acquisition of a majority stake in the Swedish company…

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