ASL Aviation Holdings acquired by private equity firm, will rapid fleet growth continue?

Ireland-based ASL Aviation Holdings, no stranger to acquisitions, announced its intent to be purchased by private equity firm Star Capital Partnership LLP for an undisclosed amount. In recent years, the ASL Group, which owns or holds stakes in cargo and passenger airlines based in Europe, Africa, and Asia, has grown rapidly by gobbling up complementary […]
  • Charles Kauffman
  • February 13, 2019

India: One up, one down, one waiting in the wings

  After finally winning a months-long battle with the government for permission to operate main-deck cargo service using an A330-200F ACMI-leased from Etihad, India’s Jet Airways made the following announcement: “The launch of dedicated freighter operations by Jet Airways has been deferred indefinitely due to commercial and operational reasons” Welcome to India, the most puzzling […]
  • David Harris
  • June 29, 2015

ASL rebrands

Ireland-based ASL Aviation Group is rebranding its four Europe-based airlines under a new “ASL Airlines” name. Following its acquisition of the Farnair Group last year, ASL owns, controls, or has significant stakes in seven airlines: Air Contractors (Ireland), Europe Airpost (France), Farnair Switzerland, Farnair Hungary, QuikJet (India), K-Mile (Thailand), and Safair (South Africa). As part […]
  • David Harris
  • June 8, 2015

ASL to acquire Farnair

Ireland-based ASL Aviation Group signed an agreement to acquire the Farnair Group of companies. ASL said it expected the transaction to close by the end of this year, but gave no financial details. ASL, a joint venture of Compagnie Maritime Belge (CMB, 51%) and 3P Air Freighters (an aircraft leasing subsidiary of private equity group […]
  • David Harris
  • October 28, 2014

ASL to order LM-100J freighters

Ireland-based ASL Aviation Group signed a Letter of Intent for up to ten Lockheed Martin LM-100J freighters. The LM-100J is the commercial version of Lockheed Martin’s proven C-130J Super Hercules, and is an updated version of the venerable L-100 (or L-382) cargo aircraft. ASL is a major shareholder in South Africa-based Safair, which currently operates […]
  • David Harris
  • August 29, 2014