Subscribe Free
in Business & Finance

Dubai's Global Investments acquires 51% of cargo airline Africa West

Posted 15 July 2011 · Add Comment

Dubai's Global Investments Limited has acquired a 51% controlling interest in Togo-based cargo airline, Africa West.

Management changes have also been announced, with Middle Eastern logistics veteran Issa Baluch appointed as chairman, with Kannan Nachiappan, Jassem Haider, Zein Baluch, Claude Sitterlin also on the new board of directors.

Yannick Erbs has retained his position as ceo of Africa West and remains on the directors board too. He said: “This is a very exciting time for Africa West as we welcome the new management team led by Issa Baluch.

“We have known each other for a long time and have collaborated in numerous projects involving air freight into Africa so this alliance feels very natural. I believe this management under GSA Global Investments Limited has doubly equipped Africa West in covering more trade lanes leading to and from the West African market.”

Above: Issa Baluch.

The cargo airline has also recently added two new destinations to its network – Freetown and Monrovia, which brings the total of scheduled destinations served across West Africa to 10, with a number of additional destinations served on request. Additionally, Africa West has a dedicated 1,800 square metre warehouse in Lome that provides secure transfers to onward destinations.

Africa West operates freighter services from Europe, Asia and the Middle East direct to Lome and has recently commenced new direct operations from the USA and Milan with an MD11-F aircraft, with more services and destinations in the pipeline, which the company plans to announce in the near future.

Dubai-based Air Cargo Trader will continue to act as Africa West’s GSA in the UAE, India, as well as other Asian countries.

Other Stories
Advertisement
Latest News

EgyptAir to start operations between Cairo and Doha

After Egypt’s decision to reopen its airspace to Qatar, EgyptAir will commence a daily flight between Cairo and Doha from January 18.

Children fly for free with Etihad Airways

Adults who book their next flight to Abu Dhabi or Dubai with Etihad Airways, the national airline of the UAE, can take their children for free.

Emirates Airlines adds two more flights into Durban

Emirates Airline will add two more flights into Durban from February 1 which means that the airline will now fly a daily scheduled air service between Durban and Dubai.

Is this the ‘new norm’ for events?

The Dubai HeliShow is set to go ahead in January in both physical and 3D virtual format.

Wizz Air Abu Dhabi adds Tel Aviv to its route network

Wizz Air Abu Dhabi has added Tel Aviv to its network, launching on February 12.

Etihad Airways awarded diamond status in the APEX Health Safety

Etihad Airways has been awarded the Diamond status in the inaugural ‘APEX Health Safety, powered by SimpliFlying’ audit, for efforts in ensuring the highest standards of cleanliness and sanitisation.

IDEX 2021 SK26221
See us at
Aviation MENA 2021CONNECT BT0610090421World Defence Show 2022Aviation Africa 2021 BTNNIDEX 2021 BT26221