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Farnair Investment In K-Mile Next Step In Global Expansion
March 14, 2014
Farnair bought a 45% stake in the Thai cargo airline K-Mile from Malaysia’s Transmile group. Finance for the deal was sourced entirely from within the Switzerland-based express cargo operator. Suan Plu Thani Limited of Thailand remains the majority shareholder with 55%. The deal will see K-Mile...
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