FLORENCE, Ky.--(BUSINESS WIRE)--Southern Air Holdings, Inc. today announced that its affiliate, Worldwide Air Logistics Group, Inc. (“Worldwide”), will expand and diversify its ACMI and CMI air cargo service offerings through the acquisition of new fleet platforms, expanded markets and growth of existing operations.
Southern Air Inc. (“Southern Air”), a critical and growing provider of airlift services for DHL Express and other customers, will continue its operations as a subsidiary of Worldwide. Southern Air’s headquarters will remain in Florence, Kentucky.
As part of its efforts to expand service capacity, Worldwide also announced its agreement to acquire Florida West International Airways, Inc., (“Florida West”) a leading provider of 767-300 ACMI air cargo services. Florida West operates scheduled and charter services, primarily in Latin America, the Caribbean and the U.S. for its primary customer LAN Cargo. Florida West is based in Miami, Florida, where its headquarters will remain. Worldwide’s acquisition of Florida West is subject to regulatory approval.
Southern Air and Florida West will remain separate air carrier operating companies. Each carrier will continue to deliver on a standalone basis the outstanding performance and superior service their customers have grown to expect.
“Through these transactions, we will be strategically positioned for continued growth of ACMI and CMI air cargo service offerings through our separate and unique air carrier platforms at Southern Air and Florida West,” said Dan McHugh, Chief Executive Officer of Worldwide. “Both carriers have a strong record of performance excellence with deeply rooted cultures of safety, efficiency and reliability. We look forward to expanding our cost-focused, customer-oriented, lean and efficient offerings to new customers in more markets.”
About Worldwide Air Logistics Group:
Worldwide Air Logistics Group, Inc. is established to become the leading provider of safe, reliable, cost-efficient, domestic and international ACMI and CMI air cargo services through its separate operating subsidiaries, Southern Air Inc. (operating 777F and 737-400 aircraft) and, subject to regulatory approvals and closing of its acquisition, Florida West International Airways, Inc. (operating 767-300 aircraft). Worldwide will offer customers highly reliable and efficient air cargo business platforms with a strong record of performance excellence and safety. Customers served include DHL Express, LAN Cargo and other major global air cargo carriers. For more information on Worldwide Air Logistics Group, visit: http://www.walginc.com/.
