newstodate.aero
Feb 23, 2011 (newstodate): The Icelandair Group has now divested itself of Bluebird Cargo as part of its restructuring plan.
Bluebird Cargo was acquired by Icelandair in 2005, but eventually Icelandair decided to focus on its own cargo company, Icelandair Cargo, putting Bluebird Cargo up for sale.
Bluebird Cargo is now in the hands of two Icelandic banks that are also behind the Icelandair Group.
-Bluebird Cargo's operations will continue unaffected by this change of ownership, pending the final solution to its future with new owners after this intermediate phase, says Skuli Skulason, Bluebird Cargo managing director.
-In the fleet are now six aircraft after the two Boeing 737-300F aircraft operated for China Postal Airlines on a 10-year contract since 2009 have been returned to the leasing company that later sold them to a Chinese aircraft leasing company.
-All our freighters are fully occupied with operations from Liege and Leipzig on contracts with integrators, as well as serving our own flights between these destinations and Iceland.
-For us, it is business as usual, but we are of course eager to see what the future will bring. Any predictions are, however, premature at this stage, considering the continued turbulence in the global economy and the airfreight industry, says Mr Skulason.
Bluebird Cargo was acquired by Icelandair in 2005, but eventually Icelandair decided to focus on its own cargo company, Icelandair Cargo, putting Bluebird Cargo up for sale.
Bluebird Cargo is now in the hands of two Icelandic banks that are also behind the Icelandair Group.
-Bluebird Cargo's operations will continue unaffected by this change of ownership, pending the final solution to its future with new owners after this intermediate phase, says Skuli Skulason, Bluebird Cargo managing director.
-In the fleet are now six aircraft after the two Boeing 737-300F aircraft operated for China Postal Airlines on a 10-year contract since 2009 have been returned to the leasing company that later sold them to a Chinese aircraft leasing company.
-All our freighters are fully occupied with operations from Liege and Leipzig on contracts with integrators, as well as serving our own flights between these destinations and Iceland.
-For us, it is business as usual, but we are of course eager to see what the future will bring. Any predictions are, however, premature at this stage, considering the continued turbulence in the global economy and the airfreight industry, says Mr Skulason.