newstodate.aero
Dec 17, 2013 (newstodate): West Atlantic has sold its Luxembourg subsidiary, West Air Luxembourg to FAST Logistics Luxembourg Sarl.
Prior to the sale of West Air Luxembourg, the business was transferred to West Air Sweden AB's Luxembourg branch under a business sale agreement, including the operation of 13 ATP aircraft, 110 employees and all assets and liabilities applicable for the purchased operations.
The ATP operations are now operated under the Swedish AOC, with the exception of one aircraft which will be transferred to Sweden in early 2014.
During Q3, 2013, West Air Sweden AB has established branches in Denmark, France and Luxembourg.
The Danish branch will be the extended entity of West Air Sweden AB managing the Group's new Scandinavian hub in Copenhagen as West Air Sweden employs new staff locally for its operations.
Managed by Peter Koster, West Air Luxembourg received its Luxembourg AOC in December 2003 and built up the fleet of ATP freighters as a fully-fledged airline primarily serving integrators with a European traffic system.
Prior to the sale of West Air Luxembourg, the business was transferred to West Air Sweden AB's Luxembourg branch under a business sale agreement, including the operation of 13 ATP aircraft, 110 employees and all assets and liabilities applicable for the purchased operations.
The ATP operations are now operated under the Swedish AOC, with the exception of one aircraft which will be transferred to Sweden in early 2014.
During Q3, 2013, West Air Sweden AB has established branches in Denmark, France and Luxembourg.
The Danish branch will be the extended entity of West Air Sweden AB managing the Group's new Scandinavian hub in Copenhagen as West Air Sweden employs new staff locally for its operations.
Managed by Peter Koster, West Air Luxembourg received its Luxembourg AOC in December 2003 and built up the fleet of ATP freighters as a fully-fledged airline primarily serving integrators with a European traffic system.