Wirraway
22nd Oct 2003, 12:29
Asia Pulse
Wednesday October 22, 10:16 AM AEST
Australia's National Jet Systems Wins US$70 MLN Freight Contract
BRISBANE, Oct 22 Asia Pulse - Adelaide-based National Jet Systems Pty Ltd has secured a $A100 million ($US69.85 million) contract to operate Australia's largest overnight freight service, including the country's postal service.
The specialist air service company, a subsidiary of UK group Cobham plc, will operate Boeing 727 freighter aircraft for Australian air Express ,a joint venture between Australia Post and Qantas .
To fulfill the contract, National Jet will purchase six Boeing 727 aircraft and other assets previously owned by the collapsed TransAustralian Air Pty Ltd, now under administration.
National Jet will also take on about 100 staff and jet base operations in Melbourne to service the network throughout Australia.
The contract includes the delivery of 59 million kilograms of freight to Australia's capital cities each year, greatly expanding National Jet's existing air freight operations.
National Jet employs more than 1000 staff across Australia and Papua New Guinea, and operates more than 40 aircraft, making it Australia's third largest high capacity aircraft operator.
National Jet managing director Daniela Marsilli said the new contract would provide greater diversification of revenue for the company and strengthen its existing ties with AaE.
ASIA PULSE
============================================
Wednesday October 22, 10:16 AM AEST
Australia's National Jet Systems Wins US$70 MLN Freight Contract
BRISBANE, Oct 22 Asia Pulse - Adelaide-based National Jet Systems Pty Ltd has secured a $A100 million ($US69.85 million) contract to operate Australia's largest overnight freight service, including the country's postal service.
The specialist air service company, a subsidiary of UK group Cobham plc, will operate Boeing 727 freighter aircraft for Australian air Express ,a joint venture between Australia Post and Qantas .
To fulfill the contract, National Jet will purchase six Boeing 727 aircraft and other assets previously owned by the collapsed TransAustralian Air Pty Ltd, now under administration.
National Jet will also take on about 100 staff and jet base operations in Melbourne to service the network throughout Australia.
The contract includes the delivery of 59 million kilograms of freight to Australia's capital cities each year, greatly expanding National Jet's existing air freight operations.
National Jet employs more than 1000 staff across Australia and Papua New Guinea, and operates more than 40 aircraft, making it Australia's third largest high capacity aircraft operator.
National Jet managing director Daniela Marsilli said the new contract would provide greater diversification of revenue for the company and strengthen its existing ties with AaE.
ASIA PULSE
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