Air Transport World

SAirGroup.(Brief Article)

SAirGroup is taking a 10% stake in Panalpina, Europe's biggest airfreight broker, and at the same time is setting up an integrated door-to-door air cargo operation with projected annual revenues of Sfr800 million ($529 million). SAirLogistics and Panalpina will form a company called SwissGlobalCargo, which is to start operations July 1 with an initial workforce of 200. …

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