Reports: Apollo considers sale of Atlas
Private equity firm Apollo is exploring a potential sale of Atlas Air Worldwide Holdings at a $12bn valuation, according to a Bloomberg report
MBS Logistics targets aerospace with new unit
Cologne-based MBS Logistics Group has established a dedicated aerospace logistics division, leveraging its recent acquisition of Zurich-based Gerhard Wegmüller
K+N to acquire aerospace logistics specialist Eastway
Swiss logistics giant Kuehne+Nagel will acquire Ireland-based Eastway Global Forwarding to strengthen its position in the aerospace logistics sector
Spanish operator Swiftair Group acquired by infrastructure fund
Madrid-based air cargo and wet-lease operator Swiftair Group has agreed to sell a majority stake to investment firm Antin Infrastructure Partners
Menzies completes G2 acquisition and grows in US
Menzies Aviation has completed its $305m acquisition of G2 Secure Staff and become the largest independent aviation services provider in the US
PrimeFlight acquires StratAir’s cargo handling operations at three US airports
PrimeFlight Aviation Services has acquired StratAir’s cargo handling operations at MIA, RIC and SJU in the US
Air Incheon rebrands to AirZeta after Asiana takeover
Korean airline Air Incheon has completed its takeover of Asiana Airlines' cargo business and rebranded as AirZeta
ANA finally completes Nippon Cargo Airlines takeover
ANA Holdings has finally completed the takeover of freighter operator Nippon Cargo Airlines (NCA) from logistics group NYK
Precision acquires UK MRO
US Precision Aviation Group is expanding into the EMEA region with the acquisition of UK-based MRO Turner Aviation
Nippon seeks further expansion
Nippon Express may be open to more acquisitions following the takeover of Austrian logistics provider cargo-partner last year
China approves Nippon Cargo Airlines acquisition
China's market regulator has approved ANA’s takeover of NCA as long as it commits to preserving fair competition in the China-Japan air cargo market
ANA takeover of NCA put back a month
There has been another delay to ANA Holding’s takeover of freighter operator Nippon Cargo Airlines (NCA) from the NYK Group
Allstates WorldCargo acquires Red Arrow Logistics
Orlando, Florida-headquartered Allstates WorldCargo has acquired Seattle, Washington-based freight forwarder Red Arrow Logistics
Mountain Air Cargo acquires MRO
US express carrier Mountain Air Cargo has acquired Royal Aircraft Services to strengthen its maintenance, repair, and overhaul (MRO) services
PayCargo and IBS Software improve technology integration
Enhanced connectivity between IBS Software's iCargo and PayCargo enables airlines and freight forwarders to better manage financial transactions
IAG Cargo sees revenues and volumes decline in Q3
IAG Cargo reported a 6.9% decline in third-quarter revenues to €283m as airfreight market conditions normalised following earlier supply chain disruptions