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ejoiner

DHL invests in Polar Air. Buys 49%

By ejoiner, in Hangar Chat

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ejoiner    21

ejoiner
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Just a short note...DHL (my employers!) bought a 49% stake in Polar Air this week and also signed a 20 year cargo contract of afreightment. No integration is planned, but we will immediately start using their lift capacity for heavy air freight and parcel business in the pacific as a major addition to our own fleet and long term cargo contracts with NWA.Not sure yet whether this will result in any B742's painted in DHL yellow, but...probably. Also suspect that Polar Air aircraft will eventually start direct lift into DHL hubs. Eric

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