Atlas Air Inc has become a minority investor in a new UK-based cargo airline known as Global Supply Systems Limited. The new cargo carrier has been set up in conjunction with entrepreneur John Porter. The company will initially provide aircraft, crew, maintenance and insurance leases of Boeing 747 freighter aircraft to airlines in the UK and will begin operations out of London’s Stanstead Airport.
Read MoreDanzas Group, the logistics arm of Germany’s Deutsche Post AG, boosted its net revenue by 86% last year through acquisitions and expansion, but expects only modest growth this year, partly because of the cooling U.S. transportation market.
Read MoreTaxpayers face bill for new universal bank: Government to pay handling fees
Read MoreIrish govt bill paves way for An Post alliance or flotation
Read MoreDeutsche Post World Net Annual Report 2000
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