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Dubai's dnata to acquire AirLogistix USA to boost US operations
DUBAI-OWNED cargo handler dnata said it has reached an agreement with Lynx Holdings to acquire its AirLogistix USA cargo handling operations at George Bush Intercontinental Airport Houston.
In a statement, dnata, Emirates Group's aviation and travel services unit, said the acquisition will help the company grow its cargo network internationally.
Said Dnata vice president Stewart Angus: "The AirLogistix USA operation will further enhance our growing international cargo network. This is our first step into the US market."
The 30,000-square feet warehouse includes a perishable cargo facility at Houston airport, suitable for perishables, pharmaceuticals, food, and flowers. In 2016, over 16,000 tonnes of perishables were handled there and it has capacity 20,000 tonnes of regular cargo.
The facility's management team, including president Kerry Galegher, will remain in place. Employee terms and conditions will also remain unchanged, Gulf News Aviation reported.
As part of the deal, AirLogistix USA and dnata have agreed to open a similar facility at Dallas Fort Worth International Airport (DFW) in summer 2017, and the new 37,000 square feet complex will include a perishable handling facility.
The agreement is in line with dnata's plan to significantly expand its global cargo offering, having opened 18 cargo facilities in the past five years. The company now handles over 2.8 million tonnes of cargo at 42 airports worldwide.
In a statement, dnata, Emirates Group's aviation and travel services unit, said the acquisition will help the company grow its cargo network internationally.
Said Dnata vice president Stewart Angus: "The AirLogistix USA operation will further enhance our growing international cargo network. This is our first step into the US market."
The 30,000-square feet warehouse includes a perishable cargo facility at Houston airport, suitable for perishables, pharmaceuticals, food, and flowers. In 2016, over 16,000 tonnes of perishables were handled there and it has capacity 20,000 tonnes of regular cargo.
The facility's management team, including president Kerry Galegher, will remain in place. Employee terms and conditions will also remain unchanged, Gulf News Aviation reported.
As part of the deal, AirLogistix USA and dnata have agreed to open a similar facility at Dallas Fort Worth International Airport (DFW) in summer 2017, and the new 37,000 square feet complex will include a perishable handling facility.
The agreement is in line with dnata's plan to significantly expand its global cargo offering, having opened 18 cargo facilities in the past five years. The company now handles over 2.8 million tonnes of cargo at 42 airports worldwide.
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