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Amerijet International to Acquire Antillas Air; Company Expanding In Central America.


Business Editors

FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Oct. 13, 2003

Fort Lauderdale, Fla.-based Amerijet International Amerijet International is an American cargo airline based in Fort Lauderdale, Florida, USA. It operates all-jet cargo services to destinations in Central America, South America and the Caribbean.  today announced that it has signed a definitive agreement to acquire Antillas Air, a privately-held U.S. cargo airline This article is about the general type of air carrier. For the Israeli cargo airline, see CAL Cargo Air Lines.
Cargo airlines (or airfreight carriers, and derivatives of these names) are airlines dedicated to the transport of cargo.
 serving Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific.  and the Dominican Republic.

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. "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 wet lease agreements. Headquartered at New York's JFK International Airport, Antillas has grown to operate 20 flights weekly from JFK and MIA MIA  
n.
A member of the armed services who is reported missing following a combat mission and whose status as to injury, capture, or death is unknown.



[m(issing) i(n) a(ction).
 International airports into Guatemala, San Salvador, San Pedro, Honduras and Santo Domingo, D.R. In Fiscal 2002, Antillas Air carried 45,000,000 lbs. 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 is headquartered in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S.  and operates its primary hub at Miami International Airport Miami International Airport (IATA: MIA, ICAO: KMIA, FAA LID: MIA) is a public airport located eight miles (13 km) northwest of the central business district of Miami, in unincorporated Miami-Dade County, Florida, United States. , maintaining a custom-built 210,000-square-foot cargo handling facility there as well as airport and cargo facilities throughout its global service network.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 13, 2003
Words:305
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