Southern Air eyes B777LRF as a key ACMI asset
19 / 11 / 2009
FOLLOWING its takeover by Oak Hill Capital Partners in 2007 and its subsequent merger with Cargo 360, Southern Air has undergone a transformation thanks to the extra financial backing now behind the company.The combined business, operating under the Southern Air Holdings name, has become one of the fastest growing providers in the sector. Its work for the US military retaining a great importance in the company’s overall revenues.The addition, however, of B777 freighters, originally ordered by Oak Hill, has added to the companies portfolio and created new opportunities with commercial operators.
In October Southern signed what it termed a block space agreement with Thai Airways for two B777-200LRFs, although with Thai acquiring all the capacity it is, in effect, an ACMI deal.Brian Neff, president of Southern Air, said: “There is growing recognition in the cargo industry that the B777LRF will be the long-haul aircraft for the coming decade and beyond, and our new partnership with Thai Cargo only confirms this recognition. We welcome Thai Cargo into our blue-chip customer base and look forward to a successful cooperation.”For the full story read the latest issue of Air Cargo News, dated 27 November. To subscribe, click on ‘Subscribe’ above.