Swedish Posten AB signs agreement with Amapola Flyg AB

The Swedish postal services company Posten AB said on Thursday (18 December) that it had signed a cooperation agreement with the air transport company Amapola Flyg AB, a subsidiary of Salenia AB.

Under the terms of the agreement Amapola Flyg will gradually take over domestic air mail operations from Posten’s subsidiary Falcon Air AB.

The transfer of operations is to be completed during 2006 when Falcon Air’s aircraft leasing agreement ends.

Posten said that it expected the cooperation agreement to result in annual savings of some SEK50m from 2007.

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