Air Cargo Germany

Type: Company
Name: Air Cargo Germany
First reported May 06 2013 - Updated May 06 2013 - 1 reports

ACG Air Cargo Germany GmbH declares insolvency

After the temporary suspension of the Operating Licence for Air Cargo Germany, the management and shareholders of ACG unanimously decided to declare insolvency.Through the insolvency proceeding both management and shareholders envision to create an opportunity ... [Published Flug Revue - May 06 2013]
First reported May 06 2013 - Updated May 06 2013 - 1 reports

Air Cargo Germany restructures

Air Cargo Germany says it is to cease operations while it restructures.Its web site says: “After the temporary suspension of the Operating Licence for Air Cargo Germany, the management and shareholders unanimously decided to declare insolvency."Through ... [Published Aircargo Asia Pacific - May 06 2013]
First reported May 04 2013 - Updated May 04 2013 - 1 reports

Air Cargo News For April 30, 2013

ince its inception in May of last year, Drewry’s Sea & Air Shipping Insight publication has offered the air cargo industry a bird’s eye view into an often obscure market by way of the company’s East-West Airfreight Price Index, which incorporates air ... [Published Air Cargo News Flying Typers - May 04 2013]
First reported May 03 2013 - Updated May 03 2013 - 1 reports

The Friday Flyer - May 3rd 2013

This week saw CEVA Group announce the successful recapitalisation of its balance sheet, which may put an end to the intense speculation there has been about the company's future. That speculation began after a downgrade by Standard & Poor's to CEVA's ... [Published Heavy Lift - May 03 2013]
First reported May 03 2013 - Updated May 03 2013 - 2 reports

ACG declares insolvency

May 3 - According to a statement on the air cargo airline's website, after the temporary suspension of its Operating Licence the management and shareholders of for Air Cargo Germany, unanimously have decided to declare insolvency.Share |The statement ... [Published Heavy Lift - May 03 2013]
First reported Apr 24 2013 - Updated Apr 24 2013 - 1 reports

Air Cargo Germany grounded

Air Cargo Germany (ACG) has temporarily ceased operations after the German Federal Aviation Authority revoked its operating licence.In a statement, ACG CEO Michael Schaecher, says: "It is with regret that I have to inform you that we will have a temporary ... [Published Air Cargo Week - Apr 24 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Aircraft and transport. Air Cargo Germany operations suspended

Frankfurt, Germany - The carrier, which is experiencing financial troubles, hopes to resume flights in the next few days ... [Published Avio News - Apr 23 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Air Cargo Germany stops flight oper...

Air Cargo Germany has suddenly announced that it has curtailed flight operations while assuring customers that the stoppage is temporary and it is working on "sustainable solutions to recommence the service as soon as possible", the Shipping Gazette ... [Published Transport Weekly - Apr 23 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

ACG suspends cargo ops

ACG Air Cargo Germany has suspended all of its cargo operations 'for the time being'.The German cargo carrier has a fleet of four B747-400Fs serving destinations in Africa, Asia and Latin America.The carrier says it and its shareholders including Volga-Dnepr ... [Published Aircargo Asia Pacific - Apr 23 2013]
First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

ACG grounds freighter fleet

April 22 - Frankfurt-Hahn based Air Cargo Germany (ACG) has suspended all of its flights.Share |The all-cargo carrier operates a fleet of four B747-400 freighters. ACG is 49 percent owned by Russian freighter operator Volga-Dnepr Airlines.A spokesperson ... [Published Heavy Lift - Apr 22 2013]
First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

Air Cargo Germany suspends flights

Air Cargo Germany has suspended all its flights, in what its CEO called a temporary interruption. According to reports, the German civil aviation authority suspended its licence after it failed to show sufficient funds to keep operating.The all-cargo ... [Published Lloyds Loading List - Apr 22 2013]
First reported Apr 19 2013 - Updated Apr 19 2013 - 1 reports

Air Cargo Germany (ACG) suspends operations temporarily

ACG Air Cargo Germany (6U) has announced that it has suspended all of its cargo operations with immediate effect as of Thursday, April 18 for the time being.The German cargo carrier has a fleet of four B747-400(F)s that have been used for routes from ... [Published Luchtzak Aviation - Apr 19 2013]

Quotes

"Through the insolvency proceedings, both management and shareholders hope to restructure the company and restore operational activities."
The statement adds that "through the insolvency proceeding both management and shareholders envision to create an opportunity to restructure the company and restore operational activities. All options will be taken into account to restore customer confidence."
...is my privilege to be here as a follow-up to my visit in 2008 and to re-engage with business and government leaders in South Africa," said Atkins. "This mission serves to further networks with influential leaders as we also work to establish new relationships in the Johannesburg region, which will help support the strong business connections and growing South African population in the North Texas region."
In a statement, ACG CEO Michael Schaecher, says: "It is with regret that I have to inform you that we will have a temporary interruption of our services, effective today April 18th, 2013."

More Content

All (16) | News (16) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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ACG Air Cargo Germany GmbH declares insolvency [Published Flug Revue - May 06 2013]
Air Cargo Germany restructures [Published Aircargo Asia Pacific - May 06 2013]
Air Cargo News For April 30, 2013 [Published Air Cargo News Flying Typers - May 04 2013]
The Friday Flyer - May 3rd 2013 [Published Heavy Lift - May 03 2013]
ACG declares insolvency [Published Heavy Lift - May 03 2013]
Air Cargo Germany declares insolvency [Published Air Cargo World - May 03 2013]
DFW Delegation Promotes Dallas/Fort Worth Inter... [Published Equities.com - Apr 28 2013]
Air Cargo Germany grounded [Published Air Cargo Week - Apr 24 2013]
Aircraft and transport. Air Cargo Germany opera... [Published Avio News - Apr 23 2013]
Air Cargo Germany stops flight oper... [Published Transport Weekly - Apr 23 2013]
ACG suspends cargo ops [Published Aircargo Asia Pacific - Apr 23 2013]
ACG grounds freighter fleet [Published Heavy Lift - Apr 22 2013]
Air Cargo Germany suspends flights [Published Lloyds Loading List - Apr 22 2013]
DFW Delegation Promotes Dallas/Fort Worth Inter... [Published KGWN TV - Apr 22 2013]
Air Cargo Germany Kaputt [Published Air Cargo News Flying Typers - Apr 21 2013]
Air Cargo Germany (ACG) suspends operations tem... [Published Luchtzak Aviation - Apr 19 2013]
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