newstodate.aero
JUL 27, 2004 (newstodate): A group of five investors has approved the incorporation of a new company named Swissport Cargo Services Israel Ltd. in order to build up new freight handling facilities in Israel.
The formation of the new company will allow Swissport to enter a closed market situation at Ben Gurion Airport by 2007 and gain access to a growing air cargo business segment.
In addition to Swissport, the group comprises C.A.L. Cargo Airlines Ltd., Dankner Investments Ltd., Laufer Aviation Ltd. and Flying Cargo Ltd.
After the construction phase of the new terminal facilities, the new company plans to start operations by early 2007.
-Globalisation, the booming Asian economy and an increasing demand for just-in-time services and deliveries are driving long awaited improvements to yields, load-factors and revenues for carriers. Industry experts are also predicting two other major trends in the next 12 to 24 months. Firstly the launch of further cargo specific airlines with dedicated wide-body freighter operations, and secondly the continued outsourcing of cargo-related support services, such as warehousing and security, says Swissport in a release.
The formation of the new company will allow Swissport to enter a closed market situation at Ben Gurion Airport by 2007 and gain access to a growing air cargo business segment.
In addition to Swissport, the group comprises C.A.L. Cargo Airlines Ltd., Dankner Investments Ltd., Laufer Aviation Ltd. and Flying Cargo Ltd.
After the construction phase of the new terminal facilities, the new company plans to start operations by early 2007.
-Globalisation, the booming Asian economy and an increasing demand for just-in-time services and deliveries are driving long awaited improvements to yields, load-factors and revenues for carriers. Industry experts are also predicting two other major trends in the next 12 to 24 months. Firstly the launch of further cargo specific airlines with dedicated wide-body freighter operations, and secondly the continued outsourcing of cargo-related support services, such as warehousing and security, says Swissport in a release.