World’s biggest airfreight handler sold to SATS

SATS is to acquire Worldwide Flight Services, the world's largest air cargo handler from existing owner, Cerberus Capital Management for €2.25 billion.The companies said the combination would create a global air cargo platform with stations across Asia, the Americas, and Europe. Customers will benefit from the combined platform's broader suite of services, operational best practices, and integrated technology.WFS chief executive Craig Smyth said: "WFS has become the leading global air ... [+]

WFS gets ready for vaccine airlift

Global airfreight handler Worldwide Flight Services (WFS) has launched Project Coldstream in response to the anticipated transport of 16 billion doses of Covid vaccine, from late 2020 and into 2021/2. According to the International Air Transport Association (IATA), the industry expects this to be the largest airlift of a single commodity ... [+]

Healthy business for handler WFS

Worldwide Flight Services says its investment in 12 dedicated pharma facilities at airports in Europe (including London) the US and Africa has paid off with significant increases in time- and temperature-sensitive volumes in the first five months of 2020. They will also provide vital support to airlines, freight forwarders and ... [+]

Carmody to head up WFS in UK

Worldwide Flight Services (WFS) has appointed Paul Carmody as managing director of its UK cargo operations. He was previously head of UK operations and has held senior positions at Menzies Aviation in Canada and the US prior to joining WFS in 2009. He will be responsible for all WFS cargo ... [+]

WFS buys into Frankfurt freight

Worldwide Flight Services is to acquire a 51% stake in Fraport Cargo Services (FCS), cargo handler at Frankfurt, Europe’s largest cargo airport. Fraport is to retain a 49% share in FCS and will continue to take a substantial role in managing the company. [+]

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