logo
logo
Sign in

Maersk buys German air freight company Senator for enterprise value of $644 million

avatar
Logistics Update Africa News
Maersk buys German air freight company Senator for enterprise value of $644 million

Denmark-based A.P. Moller - Maersk, the world’s largest container shipping company, today announced the acquisition of German air-based freight carrier company Senator International.

In addition, Maersk is purchasing two new B777 freighter aircraft and leasing three B767-300 cargo planes. To operate and manage this added capacity, the cargo airline Star Air – the internal air cargo operation of Maersk established in 1987 - will become a key vehicle supporting Maersk’s logistics offering. Star Air operates a fleet of 15 aircraft: 12 Boeing 767-200SFs, 1 Boeing 767-300BCF and 2 Boeing 767-300Fs.

 

Read more...www.logupdateafrica.com

collect
0
avatar
Logistics Update Africa News
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more