50 SKY SHADES - World aviation news

Dnata expands into Canada with Toronto deal

Download: Printable PDF Date: 29 Nov 2016 14:29 categories:
Publisher:
Dnata expands into Canada with Toronto deal - Manufacturer publisher
Krista Kuznecova
Country: Canada Aircraft: Airplanes
Source: Aircargonews

Dnata has purchased a 50% stake in GTA Aviation's cargo and ground handling operation at Toronto Pearson International Airport.

This investment marks dnata’s first step into the Canadian market and is a significant development in the company’s expansion into the Americas, less than a year after announcing investments in the US and Brazil.

GTA, which was launched in 2014 by Mario D’Urso, has 130 employees, serves more than 1,400 flights annually and handles over 58,000 tonnes of cargo each year at its 83,000 sq ft warehouse facility at Toronto Pearson.

Key customers include Lufthansa, Austrian Airlines, Brussels Airlines, Cargojet, China Southern Airlines, Emirates, Ethiopian Airlines, Fly Jamaica, Korean Air, SWISS and WestJet.

The company’s cargo and ground handling operations will be rebranded to “GTA dnata” and current chief executive Gary Ogden, along with all other employees, will remain with the company.

Dnata’s divisional senior vice president of international airport operations Stewart Angus said: "This investment in GTA is another important milestone for dnata.

"It allows us to fulfil our strategy to provide the highest level of customer service in the key markets across the Americas. We are very impressed with the way GTA is managed by Mario, Gary and their team.

"We look forward to playing our role in helping GTA develop in the next phase of its growth in Canada, and building on the excellent foundations that already exist."

The ground handling industry has been going through a phase of consolidation over recent years, with dnata playing an active role in that process.

Within the last year dnata has announced investments in cargo and operations in Milan as well as 26 airports in Brazil and 25 airports in the US.

This deal does not include GTA’s other businesses including GSE sales and maintenance, which will continue to be owned and managed by Mario, Angelo and Domenic D’Urso.



Loading comments for Dnata expands into Canada with Toronto deal...


Recommended

Increase in music festival activity boosts summer business for Luxaviation UK

Luxaviation UK, the UK's largest private aviation charter operator and part of the Luxaviation Group, is reporting an increase of 30% in this summer's music festival business (May to September...

Boeing Helena Site Expands to Support 777X Airplane Production

New 90,000 square-foot facility to begin machining parts for Boeing’s newest family of twin-aisle aircraft. Over the past seven years, Boeing has built a strong presence in Montana, and last yea...

Ryanair's O'Leary would be interested in buying all of Air Berlin

Ryanair would be interested in bidding for the whole of insolvent German carrier Air Berlin, but it needs access to more data on the airline's finances, Chief Executive Michael O'Leary to...

European Flight Academy chooses Diamond Aircraft DA42-VI fleet

European Flight Academy, a brand of Lufthansa Aviation Training (LAT), based in Rostock has signed a contract with Diamond Aircraft Industries GmbH for the purchase of five DA42-VI multi-engine traini...