Air Freight News

Air cargo infrastructure investment firm Ventus and Sky Logistica acquire Prague Airports’s leading handler Skyport

Apr 28, 2021

Infrastructure investment firm Ventus LLC and Singapore company Sky Logistica Pte. Ltd. have today acquired Prague-based Skyport a.s., a central European air cargo infrastructure company.

Skyport is the leading cargo handler at Prague Airport in the Czech Republic and also has operations in Bratislava and Košice, both in Slovakia.

Skyport operates in a modern semi-automated airside facility and processes more than half of all air cargo passing through Prague Airport.

The airside cargo handling facility in which Skyport operates was acquired by Singapore-headquartered Elite Logistics Fund in connection with the acquisition of Skyport by Ventus and Sky Logistica.

“The last twelve months have proved the importance of air cargo infrastructure as a strategic component of global trade,” said Andy Popovich, Chief Executive Officer, Ventus.

“Investing in automated facilities and modern operations is the future of this industry and we are excited to work with our institutional capital partners to further invest in this asset class.

“Skyport has huge potential for growth and we are focused on optimizing the existing facilities and unlocking additional capacity by deploying technology to enhance operations.”

Similar Stories

Thai Airways creditors set to vote on debt restructuring plan

Thai Airways International Pcl faces a key hurdle Wednesday as the national flag carrier navigates the devastation wreaked on the global travel industry by the pandemic.

View Article
Delta seeks volunteers to fill vacancies at airport lounges

Delta Air Lines Inc. is looking for employees to take shifts cleaning tables and restocking the buffet at Atlanta airport loyalty lounges after its normal contractor for the jobs couldn’t…

View Article
Duty-free giants are handing out free flights to lure customers

Last month, Hyun Jung-a boarded a flight from South Korea’s Incheon Airport. Around two hours later, she was back in the same airport and loading up on duty-free shopping, despite…

View Article
https://www.ajot.com/images/uploads/article/md_2544443.jpg
Swiss WorldCargo resuming flights to Boston on May 21st
View Article
https://www.ajot.com/images/uploads/article/vcsPRAsset_3683362_194597_adcc9a23-4e9e-4cfc-ace2-598753fe08ad_0.jpg
Turkish Airlines Cargo opens new cargo connection from Munich to Istanbul
View Article
Airbus readies suppliers for next step in A320 ramp up

Airbus SE has told suppliers to be ready for a ramp up in production of its best-selling A320 narrow-body jet series to as many as 53 a month by the…

View Article