Latest news from Heavy Lift & Project Forwarding International Magazine

Strong 2015 for ACS

April 28 - Air Charter Service (ACS) posted a 10 percent year-on-year increase in turnover in its 2015 financial year at USD480 million; and a 28 percent increase in gross profit to USD60.2 million.

Commenting on the results for the year ended January 31, 2016, ACS chairman Chris Leach said: "To arrange more than 10,000 charter contracts and achieve a turnover of almost half a billion dollars is a remarkable feat and a fantastic way to end our 25th anniversary year.

"The strong increase was fairly evenly spread across our 20 offices worldwide, except for a downturn in our Russian offices' fortunes, due to the troubles in that region.

"The cargo charter market continues to strengthen and our cargo department, in particular, has had a brilliant year, buoyed by business done during the West Coast port strike at the beginning of 2015. We saw a 36 percent increase in the number of charters and an impressive 35 percent growth in gross profit last year."

He added: "Since 2014 we have restructured our Group Charter division and cut out an unprofitable revenue stream, which has allowed us to focus on other markets. We are starting to see the benefits now, with underlying growth of 14 percent in charter numbers and a healthy 23 percent in gross profit, as a result of this refocus."

www.aircharterservice.com

Heavy Lift | News

ESTA joins EC best practise project thumbnail image

ESTA joins EC best practise project

July 16 - The European association of abnormal road transport and mobile cranes (ESTA) has been asked to support a European Commission study to “explore health, safety and environment (HSE) best practise in the wind power sector”.
Views: 107
LDA installs kite system  thumbnail image

LDA installs kite system 

July 16 - Louis Dreyfus Armateurs (LDA) has fitted its ro-ro vessel Ville de Bordeaux with an AirSeas kite system, as it looks to develop the use of wind propulsion technologies.
Views: 215
Sarens partners with Moir Crane thumbnail image

Sarens partners with Moir Crane

July 16 - Sarens has teamed up with Canada’s Moir Crane as the two companies look to capitalise on the region’s upcoming construction projects.
Views: 217
Karl Gross teams up with Natco thumbnail image

Karl Gross teams up with Natco

July 15 - Bremen-headquartered Karl Gross Group and Natco SA have formed an exclusive partnership in South Africa.
Views: 406

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