PLANS by UK-based Air One International Holdings and Dutch firm Peso Aviation Management to acquire Air Belgium’s cargo division have collapsed after a court revoked the takeover process, reports London’s Air Cargo News. The companies had secured court approval in December to acquire the struggling airline’s cargo operations. However, media reports indicate that the Nivelles enterprise court overturned the decision, effectively halting the acquisition. As part of the planned takeover, the newly...
https://www.seanews.com.tr/air-belgium-cargo-sale-halted-when-court-says-no/202837/