Farnair expanding freight role

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Monday, 09 August 2010

European carrier Farnair Europe says freight activity has boosted its results, adding that only 2007 was a better year (for it).

"Not only did we save costs during the (financial) crisis, we also made investments. The sales team was expanded and focused its efforts, a move that paid off many times over," said ceo Guy Gerard.

Its fleet now stands at 15 ATR turboprop aircraft (14 freighters and one 46-seat passenger aircraft) and it is helping to set up Indian cargo operator Deccan 360.

The Basel-based airline also is setting up a training centre in Vienna and is moving into logistics, developing Budapest as its hub.

It also has set up Farnair Rail Logistics.

"Our goal is to operate a hub for air, road and rail freight in Budapest," said Gerard.