Hong Kong-based Bravia Capital and Hainan Airlines' parent HNA Group have acquired Istanbul, Turkey-based all-cargo carrier ACT Airlines, which now will trade as MyCargo Airlines.

HNA said the Turkish carrier will operate under its Grand China Logistics Group.
 
ACT/MyCargo currently has six Airbus A300-200 freighters and HNA will deliver two Boeing 747-400 freighters to MyCargo to be put into service this year.
 
"Bravia and HNA also will source and deliver up to 10 A300-600 freighters and three additional 747-400 freighters over the next two years," the companies said.
 
SOURCE: impact.com.au
 
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