After concluding its network procurement process DHL has announced that West Atlantic has been awarded four new long-term B737-400 operations during 2015. The Group is currently sourcing capacity to be able to efficiently phase in the requirement, the estimated phase in period is set to six months. Two of the awarded operations are upgrades to existing routes already operated by the Group with BAe ATP aircraft that will now be deployed elsewhere in commercial operations.
"This award marks the Group's entry as a committed provider of dedicated B737 capacity to DHL. Concluding this contract award provides the Group with the opportunity to further capitalise on its strategic growth with the B737 platform. The Group organisation is dedicated to delivering a quality operation to our customers", says Gustaf Thureborn, CEO and President.
Contact
For further information please contact:
Gustaf Thureborn, CEO & President
About West Atlantic Group
West Atlantic is a European dedicated cargo airline specialised in mail and express freight. Through many years of experience, the Group can offer its customers customised efficient solutions for airfreight services, maintenance and aircraft leasing. For the financial year ending 31 December 2014, West Atlantic reported revenues of MSEK 1,237 and EBITDA of MSEK 184.
West Atlantic AB (publ) Org. no: 556503-6083
Box 5433, SE-402 29 Gothenburg, Sweden
Investor Relations: investor.relations@westatlantic.eu
Webpage: www.westatlantic.eu
West Atlantic discloses the information in this release pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instrument Trading Act.
20150518 http://hugin.info/160193/R/1921684/688779.pdf
HUG#1921684
