Wiseway Group to take majority stake in SEAIR

The group will soon take delivery of a 737NG freighter on lease

Australia-based logistics company Wiseway Group and its new, wholly owned subsidiary Wiseway Cargo Airlines are to acquire a 51% stake in Philippines-based Southeast Asian Airlines (SEAIR) International as Wiseway prepares to launch own-controlled operations with a 737-800F.  Under the agreement, which is subject to regulatory approval, Wiseway will carry out a phased purchase of SEAIR […]

 

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