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FCS and WFS set up partnership for airfreight handling at Frankfurt Airport
ONE of the world's largest air cargo handlers, Worldwide Flight Services (WFS) has formed a partnership with Fraport Cargo Services (FCS), a subsidiary of airport manager Fraport AG, for airfreight handling at Frankfurt Airport.
Under the agreement signed in July, Fraport sold 51 per cent of FCS to WFS, an independent air cargo handler.
FCS handles approximately 500,000 tonnes of airfreight per year for about 40 airlines as customers, Air Cargo World reported.
With annual revenues of US$805 million, WFS employs about 14,000 staff and is present at over 145 major airports in more than 22 countries on five continents. It handles more than 4 million tonnes of cargo each year for 300 airlines, it said.
Under the agreement signed in July, Fraport sold 51 per cent of FCS to WFS, an independent air cargo handler.
FCS handles approximately 500,000 tonnes of airfreight per year for about 40 airlines as customers, Air Cargo World reported.
With annual revenues of US$805 million, WFS employs about 14,000 staff and is present at over 145 major airports in more than 22 countries on five continents. It handles more than 4 million tonnes of cargo each year for 300 airlines, it said.
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