Dec 15 2011 |
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dnata acquires interest in Wings Inflight Services in South Africa
dnata
, the world's fourth largest air services provider, and Wings Inflight Services, an inflight catering services provider with operations in Johannesburg and Cape Town, Thursday announced that
dnata
has acquired a 50 per cent interest in Wings
The remaining 50 per cent held by Mentor Africa Limited and management.
The Wings business was founded in 2009 and currently employs 200 staff across the two airports, providing high quality inflight catering services to a number of airline customers including Singapore Airlines, Emirates and Thai Airways.
Catering
Stewart Angus,
dnata
's DSVP - Associated Companies said: "From being a new entrant two years ago, Wings has already developed its reputation as a leading caterer in the South African market, winning major contracts from high calibre international airline customers. Wings has a very strong and experienced management team and modern efficient catering units".
Confidence
" dnata 's new investment into Wings is a demonstration of confidence not only in the strong growth prospects of Wings, but also in the economic potential of South Africa itself. This holds the promise of leveraging Wings' South African operations as a base to expand Wings' service offering elsewhere, for which Wings is already well equipped," added Stephen Levenberg, Mentor Africa's CEO.
© Gulf News 2012
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