AIR FOYLE, HEAVYLIFT START JOINT VENTURE
Air Foyle Ltd. and HeavyLift Cargo Airlines Ltd., based in the United Kingdom, said Friday they have agreed in principle to form a joint venture to promote and market commercial charters for aircraft operated by Antonov Airlines, based in Kiev, Ukraine.
The shared venture will be called Antonov Airlines (UK), and will merge all of the outsize cargo activities of both Air Foyle and HeavyLift.
Christopher Foyle, chairman of Air Foyle, referred to HeavyLift as “our principal competitor in the AN-124 marketplace,” and cited a “close relationship with each other” going back to 1989.
Graham Pearce, commercial director of HeavyLift, said that “the specialized outsize air cargo market (will) continue to expand.”
Foyle will be chairman and managing director of Antonov Airlines (U.K.); Pearce will be commercial director.