Maman air cargo terminal announced last week that it was about to conclude an agreement with an un-named American company for the setting up of a joint company which will operate a cargo terminal at NY's JFK airport.
Reports suggest that Maman's investment in the joint project would reach US$ 1.3 millions.
The new JFK venture is seen to be part of Maman's business strategy to develop business outside Israel.
In 2003 the company purchased the Czech company "AVEX" which operate a 70 dunam logistic depot near the German border. The depot is used as a distribution centre for goods destined to European markets.
Maman in negotiation to open a cargo terminal in JFK
Maman air cargo terminal announced last week that it was about to conclude an agreement with an un-named American company for the setting up of a joint company which will operate a cargo terminal at NY's JFK airport
19.09.05 / 00:00
•
More articles that may interest you
Tax Authority : Economy growing faster
ISC asked Minister Shitrit to exercise influence to waive Ashdod congestion surcharge
India-Israel trade continues to grow
Israel and Egypt want US administration to expand QIZ agreement
August - Polished diamond exports up 15% to $448m
1H : Food exports up 15.7%
More news from Air Transport Section
>Minister of Transport : tender for new Eilat airport to be published in 2006/05.09.05
>El Al : net profit up 326% to $29.9m in Q2/22.08.05
>El Al: following Govn't approval air fares to be raised/22.08.05
>Transport minister to lose control over aviation policy/15.08.05
>Airport Authority's 2005-6 development budget - NIS 316m/08.08.05
>El Al to increase frequency: 10 flights per week to Belgium/08.08.05
>El Al and Austrian Airlines will add two weekly flights/01.08.05
>January – June 2005 – 6% drop in air cargo moving through Ben Gurion Airport/18.07.05
>Brosh: ICAA's outdated aviation policy costs Israel over $200m a year/18.07.05
>Swissport International Ltd given go ahead for second air cargo terminal in Israel/04.07.05