Dnata buys US airport operator in North America move
Dnata has fully acquired a U.S. airport ground handling operator which it plans to use as a launch pad into the lucrative North American market, the company's president said.
The aviation services division of Dubai government-owned Emirates Group last month purchased a 100 percent stake in Ground Services International Inc. (GSI).
GSI provides ground handling services to international carriers and cargo operators in 14 cities across the United States. The name of the U.S. operator was later confirmed by a dnata spokesperson.
Dnata aims to use the acquisition as a launch pad into the North American market, CEO Gary Chapman told Zawya in an interview.
"We also see it as a launching pad for the whole of North America, which means Canada, and potentially Mexico," he said.
Company officials declined to confirm the financial details of the acquisition.