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Freight carrier African International put up for sale

South African-based cargo airline African International Airways, which operates two McDonnell Douglas DC-8 freighters, has been put up for sale.

African International shareholder Alan Stocks tells flightglobal.com’s affiliate ATI: “Myself and business partner, Bernard Keay, are contemplating retirement and this is the main reason for the sale.”

Stocks adds that some expressions of interest have been shown in the carrier but declines to comment further.

African International started operations in 1985 in Swaziland and went on to provide supplementary capacity on behalf of scheduled airlines, including more than a decade of flying for Alitalia and several years in the service of British Airways World Cargo.

It was reorganised in 1988 after Intavia took a stake in the company with a refocus on worldwide cargo charter flights.

This entry was posted on Friday, June 6th, 2008 at 4:00 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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