sun-sentinel.com
October 13, 2003, 1:10 PM EDT
Fort Lauderdale-based Amerijet International on Monday announced that it has signed a definitive agreement to acquire Antillas Air, a privately held U.S. cargo airline serving Central America and the Dominican Republic. Terms were not revealed.
According to Pamela Rollins, Amerijet's vice president of business development, Antillas Air will continue to operate its existing routes with no visible changes at this time.
"This transaction provides Amerijet customers with greater penetration into Central America, while Antillas customers gain access to Amerijet's worldwide transportation network including its multi-modal capabilities," said Rollins in a prepared statement. "
Antillas founder/owner Constantino Gorospe has been named managing director of Amerijet International's new division, Amerijet Central America, covering operations in Guatemala, Honduras, Salvador and Nicaragua, and will be instrumental in further expansion within the region."
Antillas Air was established in 1983 by Gorospe, and has operated all-cargo aircraft under long-term lease agreements. Headquartered at New York's JFK International Airport, Antillas has grown to operate 20 flights weekly from JFK and MIA International airports into Guatemala, San Salvador, San Pedro, Honduras and Santo Domingo, D.R. In Fiscal 2002, Antillas Air carried 45 million pounds of cargo.
With this acquisition, and other developments throughout 2003, Amerijet's annual revenues will exceed $100 million, and its number of U.S. employees will increase to 500.
Amerijet is a full-service multi-modal transportation and logistics provider offering scheduled all-cargo transport via air, land and ocean to more than 550 destinations worldwide.
Founded in 1974, Amerijet International operates 56 offices worldwide and offers scheduled cargo service throughout the Americas and Canada, the Caribbean, Europe and Asia. Amerijet's primary hub is at Miami International Airport.
October 13, 2003, 1:10 PM EDT
Fort Lauderdale-based Amerijet International on Monday announced that it has signed a definitive agreement to acquire Antillas Air, a privately held U.S. cargo airline serving Central America and the Dominican Republic. Terms were not revealed.
According to Pamela Rollins, Amerijet's vice president of business development, Antillas Air will continue to operate its existing routes with no visible changes at this time.
"This transaction provides Amerijet customers with greater penetration into Central America, while Antillas customers gain access to Amerijet's worldwide transportation network including its multi-modal capabilities," said Rollins in a prepared statement. "
Antillas founder/owner Constantino Gorospe has been named managing director of Amerijet International's new division, Amerijet Central America, covering operations in Guatemala, Honduras, Salvador and Nicaragua, and will be instrumental in further expansion within the region."
Antillas Air was established in 1983 by Gorospe, and has operated all-cargo aircraft under long-term lease agreements. Headquartered at New York's JFK International Airport, Antillas has grown to operate 20 flights weekly from JFK and MIA International airports into Guatemala, San Salvador, San Pedro, Honduras and Santo Domingo, D.R. In Fiscal 2002, Antillas Air carried 45 million pounds of cargo.
With this acquisition, and other developments throughout 2003, Amerijet's annual revenues will exceed $100 million, and its number of U.S. employees will increase to 500.
Amerijet is a full-service multi-modal transportation and logistics provider offering scheduled all-cargo transport via air, land and ocean to more than 550 destinations worldwide.
Founded in 1974, Amerijet International operates 56 offices worldwide and offers scheduled cargo service throughout the Americas and Canada, the Caribbean, Europe and Asia. Amerijet's primary hub is at Miami International Airport.